Commercial Real Estate Savings Over $1,000,000
Interstate West Business Park, Lithia Springs, GA 30057
Leased and sold over 250,000 Sq. Ft. in six months in Interstate West Business Park.; Rezoned 50 acres of industrial land to retail and sold it to Wal-Mart.
25Aug2008 | John Clancy | Continued
6100 Wheaton Dr SW, Atlanta, Georgia 30336
Researched Westside Atlanta for all buildings over 200,000 Sq. Ft.l Negotiated a purchase price $8 per SF below market price.
25Aug2008 | John Clancy | Continued
Royal Woods Business Park, Royal Woods Drive, Tucker, GA 30084
Took a 303,000 Sq. Ft. park from 55% to 95% leased in just eight months; Sold 50 acres in park to Pattillo for $25,000 over market; Brought lead tenant to Pattillo’s new development in park.
25Aug2008 | Rick Lackey | Continued
Pinnacle Center, Pinnacle Way, Norcross, Georgia
New space standards and reconfiguration reduced space from 125,000 to 112,000 Sq. Ft.; Renewed / recast new 10 year lease; Updated lease document to reflect new / current business practices
# Reduced excess parking costs 60%
Royal Ridge, 11680 Great Oaks Way, Alpharetta, Georgia 30022
Negotiated a full service rental rate that was 30% below the market rental rate.; Negotiated significant free rent.
25Aug2008 | Rick Lackey | Continued
13000 Deerfield Parkway, Alpharetta, GA 30004
Corporate headquarters relocation from Columbus, MS.; Evaluated 160 buildings in three different submarkets.; Saved $120,000 through value engineering construction costs.; Improved final concession package over $250,000 from first proposal.
21Aug2008 | Rick Lackey | Continued
3344 Peachtree Road, Atlanta, Georgia 30326
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.
21Aug2008 | Rick Lackey | Continued
Monarch Plaza, 3414 Peachtree Road, Atlanta, GA 30326
Pre-lease anchor tenant / Sublease transactions; 27,708 Sq. Ft. pre-lease anchor tenant transaction $6.00 psf below market; Client’s needs reduced space by 50% after occupancy; Subleased space at $ 4.50 psf above pre-lease rate
21Aug2008 | Rick Lackey | Continued
600 Northpark Town Center, 1200 Abernathy Road NE, Atlanta, GA 30328
Required three transactions; Negotiated very aggressive expansion rights.
21Aug2008 | Rick Lackey | Continued
The Peachtree, 1355 Peachtree Street, Atlanta, Georgia, 30309
Two years of negotiations renewed and recast a 15 year old 15,233 RSF lease; Evaluated Downtown, Midtown, and Buckhead Submarkets; Increased concession package over $450,000 from initial proposal.
18Aug2008 | Rick Lackey | Continued