About the Broker

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Immediately after graduating from the University of Georgia, Rick entered the commercial real estate brokerage business. During his career, he has been a top producer for White & Associates, Royal LePage, and Advantis/GVA. He was Executive Vice President, Managing Director and Managing Broker, for Grubb & Ellis Company (GBE:NYSE) where he successfully rebuilt their Atlanta office. In 2002, he founded City Commercial Real Estate, Inc. Rick is one of leading commercial real estate brokers in the United States. He has been involved in over 10 million square feet of lease transactions, over $1 billion sale transactions, represented clients in virtually every major market in North America and has experience in Europe as well as Latin America.

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3344 Peachtree Road, Atlanta, Georgia 30326

August 21st, 2008 • Related • Filed Under

Savings — Over $1,800,000

3344_peachtree 3344 Peachtree Road, Atlanta, Georgia 30326

Property Type — Office
Submarket — Buckhead
Landlord Represented by — Regent Partners
Tenant Represented by — City Commercial Real Estate

Engaged six years prior to lease expiration  to renegotiate long term lease for top two floors of The Atlanta Financial Center. In part as a negotiation strategy requested all developers of new office towers in Buckhead to make pre construction presentations for the clubs potential relocation.

Challenges to relocation

  • Long term prestigious location
  • Safety regulations as they related upper floors of new buildings
  • High construction costs associated with club space

Benefits of new location

  • New trophy building located across the street
  • Expanded conferencing and ballroom for meetings and events
  • New layout improves the, dining room grill, bar and kitchen
  • New executive fitness center
  • Much improved access
  • Technology enhancements
  • Significant long term costs saving
The Buckhead Club is owned by Clubcorp and was founded in 1988 as a members only exclusive business club. Its members include some of the most influential business leaders in Atlanta.