City Commercial Real Estate » Commercial Real Estate Savings Under $1,000,000 http://www.citycre.com Thu, 07 May 2009 15:52:22 +0000 http://wordpress.org/?v=2.8.4 en hourly 1 5315 Tulane Dr. SW, Atlanta, Georgia 30336 http://www.citycre.com/5315-tulane-dr-sw-atlanta-georgia-30336-2/ http://www.citycre.com/5315-tulane-dr-sw-atlanta-georgia-30336-2/#comments Tue, 26 Aug 2008 03:31:33 +0000 John Clancy http://www.citycre.com/wordpress/?p=198

Savings — $505,000

5315_tulane 5315 Tulane Dr. SW, Atlanta, Georgia 30336

Property Type — Industrial
Submarket — Fulton Industrial

  • Edlen had a separate warehouse and office. By combining facilities we helped the client save over $60,000 per year
  • Needed a clean warehouse for food preparation and had to install drains throughout the warehouse.
  • We were able to keep the lease rates down even though the T.I. was extensive
  • City Commercial has been very successful with this particular landlord in the past, so we were able to promote this deal to them
Edlen International, Inc., founded in Atlanta in 1986, manufactures and exports specialty food and chemicals to impoverished countries.


 ]]> http://www.citycre.com/5315-tulane-dr-sw-atlanta-georgia-30336-2/feed/ 0 Westpark Building, 5400-A Westpark Drive, Atlanta, GA 30336 http://www.citycre.com/westpark-building-5400-a-westpark-drive-atlanta-ga-30336/ http://www.citycre.com/westpark-building-5400-a-westpark-drive-atlanta-ga-30336/#comments Tue, 26 Aug 2008 03:20:03 +0000 John Clancy http://www.citycre.com/wordpress/?p=189

Savings — $195,500

5400_westpark Westpark Building, 5400-A Westpark Drive, Atlanta, GA 30336

Property Type — Industrial
Submarket — Fulton Industrial

  • A relocation from Northwest submarket to the Fulton Industrial.
  • Evaluated 30 buildings in the Northwest and 50 buildings in the Fulton Industrial submarket.
  • Saved client $25,000 in tenant improvements by finding a facility that did not require adding a ramp, additional power or enlarging doors.
  • Negotiated significant free rent.
  • This second-year company was able to negotiate a 20,000 Sq. Ft. lease as if it were a long standing firm.

Stones Marble & Granite imports and distributes granite slabs throughout the Southeast. ]]> http://www.citycre.com/westpark-building-5400-a-westpark-drive-atlanta-ga-30336/feed/ 0 2513 N Royal Place, Tucker, Georgia 30084 http://www.citycre.com/2513-n-royal-place-tucker-georgia-30084/ http://www.citycre.com/2513-n-royal-place-tucker-georgia-30084/#comments Tue, 26 Aug 2008 01:44:11 +0000 John Clancy http://www.citycre.com/wordpress/?p=182

Savings — $420,000

Property Type — Industrial
Submarket — Stone Mountain Industrial

  • Subleased their current space while finding suitable property to purchase.
  • Searched Atlanta area for a 20,000 Sq. Ft. warehouse with Class A office space.
  • Leased out 5,000 Sq. Ft. in new facility within three months.
Georgia Fountain Company, Inc. offers a broad range of services in the design and engineering of any type of water feature including manufacturing and systems integration of all fountain components and support equipment on every project.
]]> http://www.citycre.com/2513-n-royal-place-tucker-georgia-30084/feed/ 0 1850 Lake Park Dr SE, Smyrna, GA 30080 http://www.citycre.com/1850-lake-park-dr-se-smyrna-ga-30080/ http://www.citycre.com/1850-lake-park-dr-se-smyrna-ga-30080/#comments Tue, 26 Aug 2008 01:26:20 +0000 Griff Sims http://www.citycre.com/wordpress/?p=176

Savings — Over $32,000

1850_lakepark 1850 Lake Park Dr SE, Smyrna, GA 30080

Property Type — Office
Submarket — Northwest, Cumberland, Galleria, I-75
Landlord Represented by — City Commercial Real Estate

  • Expanded tenant to double their space
  • Designed space
  • Negotiated turnkey of improvements with upgrades
  • Performed construction oversight to insure on-time delivery for seamless expansion
  • Market Rate — $14.50
  • Lowered aggregate rate to — $13.00

The American Transportation Research Institute (ATRI), a well-known leader in transportation-related research, is an organization whose hallmark is innovative thinking, critical analysis and uncompromised excellence. ]]> http://www.citycre.com/1850-lake-park-dr-se-smyrna-ga-30080/feed/ 0 Governors Ridge, 1640 Powers Ferry Road, Marietta, Georgia 30067 http://www.citycre.com/governors-ridge-1640-powers-ferry-road-marietta-georgia-30067/ http://www.citycre.com/governors-ridge-1640-powers-ferry-road-marietta-georgia-30067/#comments Tue, 26 Aug 2008 01:23:11 +0000 Rick Lackey http://www.citycre.com/wordpress/?p=174

Savings — $100,000

1640_powersferry_rd Governors Ridge, 1640 Powers Ferry Road, Marietta, Georgia 30067

Sq. Ft. — 5,760

Property Type — Office
Submarket — Northwest, Cumberland, Galleria, I-75
Seller Represented by — CB Richard Ellis
Purchaser Represented by — City Commercial Real Estate

  • Purchase of a small office building.
  • Assisted client in evaluating over 20 purchase options.
  • Negotiated a purchase price over $100K less than the advertised purchase price.
  • Referred client to several reputable vendors.
Harvard Group International provides in-depth retained professional search and strategic consulting services to the Fortune 500, middle market manufacturers as well as investment banking and venture capitalists.


 ]]> http://www.citycre.com/governors-ridge-1640-powers-ferry-road-marietta-georgia-30067/feed/ 0 Galleria, 200 Galleria Parkway, Atlanta, Georgia 30339 http://www.citycre.com/galleria-200-galleria-parkway-atlanta-georgia-30339/ http://www.citycre.com/galleria-200-galleria-parkway-atlanta-georgia-30339/#comments Tue, 26 Aug 2008 01:19:35 +0000 Jason Calvo http://www.citycre.com/wordpress/?p=172

Savings — Over $455,000

200_galleria_pkwy Galleria, 200 Galleria Parkway, Atlanta, Georgia 30339

Sq. Ft. — 5,097

Property Type — Office
Submarket — Northwest, Cumberland, Galleria, I-75
Sublessor Represented by — The Wesley Company
Sublessee Represented by — City Commercial Real Estate

  • 5,097 Sq. Ft. sublease.
  • Negotiated a full build-out allowance.
  • Met clients critical timing deadlines.
  • Negotiated a sublease rental rate 44% less than published market rate.
STATSIGNAL IpCo forms strategic relationships with companies to drive IP and business values creating new revenue venues and adding value to companies bottom line.


 ]]> http://www.citycre.com/galleria-200-galleria-parkway-atlanta-georgia-30339/feed/ 0 Interstate North Office Park, 340 Interstate North Pkwy SE, Atlanta, GA 30339 http://www.citycre.com/interstate-north-office-park-340-interstate-north-pkwy-se-atlanta-ga-30339/ http://www.citycre.com/interstate-north-office-park-340-interstate-north-pkwy-se-atlanta-ga-30339/#comments Tue, 26 Aug 2008 01:14:04 +0000 Jason Calvo http://www.citycre.com/wordpress/?p=170

Savings — $15,000

340_interstatenorth_pkwy Interstate North Office Park, 340 Interstate North Pkwy SE, Atlanta, GA 30339

Sq. Ft. — 2,106

Property Type — Office
Submarket — Northwest, Cumberland, Galleria, I-75
Landlord Represented by — Trizec
Tenant Represented by — City Commercial Real Estate

  • Secured client a 2,106 Sq. Ft. Direct Deal.
  • Client was able to commence lease without signing a personal guarantee.
  • Negotiated a full build-out allowance to include soundproofing in Atmosphere Room.
  • Overcame sound regulations.
  • Negotiated a concession package to include five months free rent over the term.
Global Expectations helps train Bell South clients merge over to the Cingular Wireless platform.


 ]]> http://www.citycre.com/interstate-north-office-park-340-interstate-north-pkwy-se-atlanta-ga-30339/feed/ 0 Northwinds, 11605 Haynes Bridge Road, Alpharetta, Georgia 30004 http://www.citycre.com/northwinds-11605-haynes-bridge-road-alpharetta-georgia-30004/ http://www.citycre.com/northwinds-11605-haynes-bridge-road-alpharetta-georgia-30004/#comments Mon, 25 Aug 2008 23:09:21 +0000 Rick Lackey http://www.citycre.com/wordpress/?p=160

Savings — Over $186,000

11605_haynesbridge_rd Northwinds, 11605 Haynes Bridge Road, Alpharetta, Georgia 30004

Sq. Ft. — 7,458

Property Type — Office
Submarket — North Fulton, Alpharetta Georgia, GA-400
Landlord Represented by — Duke Realty
Tenant Represented by — City Commercial Real Estate

  • Negotiated a full build-out allowance to include upgrades in lobby and conference room.
  • Negotiated concession package to include significant free rent.
  • Negotiated $15,000 Moving Allowance.
  • Negotiated $2.50 Per Sq. Ft. reduction in rental rate.
Founded in 1916, Sidney O. Smith Insurance Agency has offices in Atlanta and Gainesville, Georgia.


 ]]> http://www.citycre.com/northwinds-11605-haynes-bridge-road-alpharetta-georgia-30004/feed/ 0 100 Colony Square Building 1175 Peachtree Street NE, Atlanta, Georgia 30361 http://www.citycre.com/100-colony-square-building-1175-peachtree-street-ne-atlanta-georgia-30361/ http://www.citycre.com/100-colony-square-building-1175-peachtree-street-ne-atlanta-georgia-30361/#comments Mon, 25 Aug 2008 23:06:18 +0000 Jason Calvo http://www.citycre.com/wordpress/?p=96

Savings — $9,500

1175_peachtree_st 100 Colony Square Building 1175 Peachtree Street NE, Atlanta, Georgia 30361

Sq. Ft. — 2,029

Property Type — Office
Submarket — Midtown
Landlord Represented by — Trizec
Tenant Represented by — City Commercial Real Estate

  • Difficult assignment due to clients use.
  • Negotiated a full build-out allowance to include soundproofing a listening room.
  • Overcame sound regulations.
  • Negotiated a concession package to include three months free rent.
Blackout Music, Inc is a new Hip Hop record label established locally in Atlanta. Blackout Music represents several big name clients as well as provides mentorship for local talent.


 ]]> http://www.citycre.com/100-colony-square-building-1175-peachtree-street-ne-atlanta-georgia-30361/feed/ 0 One Atlantic Center, IBM Tower, 1201 West Peachtree Street Atlanta, Georgia http://www.citycre.com/one-atlantic-center-ibm-tower-1201-west-peachtree-street-atlanta-georgia/ http://www.citycre.com/one-atlantic-center-ibm-tower-1201-west-peachtree-street-atlanta-georgia/#comments Mon, 25 Aug 2008 23:06:08 +0000 Jason Calvo http://www.citycre.com/wordpress/?p=91

Savings — $108,000

1201_w_peachtree One Atlantic Center, IBM Tower, 1201 West Peachtree Street Atlanta, Georgia

Property Type — Office
Submarket — Midtown
Landlord Represented by — Jones Lang LaSalle
Tenant Represented by — City Commercial Real Estate

  • Met clients critical timing deadlines.
  • Negotiated a sublease rate 40% below market rents.
  • Negotiated significant free rent inside the lease term.
  • Negotiated a tenant improvement allowance that could be applied toward moving cost and furniture.
Barristers Collection Agency has offices in both Georgia and Florida. Their business focuses on recovering payments for medical claims. They represent some of the most prominent hospitals in the Atlanta Metro area.


 ]]> http://www.citycre.com/one-atlantic-center-ibm-tower-1201-west-peachtree-street-atlanta-georgia/feed/ 0