1200 Lake Hearn Drive, Atlanta, GA 30319 – Condominium Concepts
August 21st, 2008 • Related • Filed Under
Savings — $162,000
Property Type — Office
Submarket — Central Perimeter, Perimeter Center, North Central
Landlord Represented by — Scott Properties
Tenant Represented by — City Commercial Real Estate
- Negotiated tenant improvement allowance 30% over proposed ($22 Sq. Ft).
- Market Rate = $17.00 Sq. Ft.
- Contracted rate: $15.61 Sq. Ft.
- Negotiated additional free rent on 7 year term
- Negotiated fixed annual increases of 2%
- Lowered effective rate to = $15.07 Sq. Ft.
