City Commercial Real Estate » Atlanta Office Properties Client Portfolio

1850 Lake Park Dr SE, Smyrna, GA 30080

Griff Sims — Tue, 26 Aug 2008 01:26:20 +0000

Savings — Over $32,000

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.

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

Rick Lackey — Tue, 26 Aug 2008 01:23:11 +0000

Savings — $100,000

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.

Galleria, 200 Galleria Parkway, Atlanta, Georgia 30339

Jason Calvo — Tue, 26 Aug 2008 01:19:35 +0000

Savings — Over $455,000

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.

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

Jason Calvo — Tue, 26 Aug 2008 01:14:04 +0000

Savings — $15,000

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.

Pinnacle Center, Pinnacle Way, Norcross, Georgia

Rick Lackey — Tue, 26 Aug 2008 01:04:50 +0000

Savings — Over $3,300,000

Sq. Ft. — 112,000

Property Type — Office
Submarket — Northeast Atlanta, I-85, Norcross, Gwinnett County
Landlord Represented by — Land Properties
Tenant Represented by — City Commercial Real Estate*

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%
Negotiated reduction in below market renewal option rental rate additional $.89 psf
Maximized flexibility through options to: terminate, contract & expan

*Agent completed while with prior company.

American Express Company is a diversified worldwide travel, financial and network services company. It is a leader in charge and credit cards, travelers cheques, travel, financial planning, investment products, insurance and international banking.

Northwinds, 11605 Haynes Bridge Road, Alpharetta, Georgia 30004

Rick Lackey — Mon, 25 Aug 2008 23:09:21 +0000

Savings — Over $186,000

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.

Royal Ridge, 11680 Great Oaks Way, Alpharetta, Georgia 30022

Rick Lackey — Mon, 25 Aug 2008 23:06:28 +0000

Savings — Over $1,100,000

Property Type — Office
Submarket — North Fulton, Alpharetta Georgia, GA-400
Sublessor Represented by — CRESA
Subtenant Represented by — City Commercial Real Estate

Negotiated a full service rental rate that was 30% below the market rental rate.
Negotiated significant free rent.
Negotiated free use of all of the sublandlordís existing furniture, an allowance to purchase a brand new internet phone system.
Construction of a demising wall and multi-tenant corridor.
Flexibility through expansion and termination rights

Park City Solutions is a leading provider of healthcare information technology software and consulting solutions serving the U.S. commercial and government healthcare provider markets.

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

Jason Calvo — Mon, 25 Aug 2008 23:06:18 +0000

Savings — $9,500

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.

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

Jason Calvo — Mon, 25 Aug 2008 23:06:08 +0000

Savings — $108,000

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.

Pershing Point Plaza, 1375 Peachtree St NE, Atlanta, GA 30309, (The Burks Companies)

Jason Calvo — Mon, 25 Aug 2008 23:05:58 +0000

Savings — $11,000

Sq. Ft. — 15,024

Property Type — Office
Submarket — Midtown
Landlord Represented by — CB Richard Ellis
Tenant Represented by — City Commercial Real Estate

The Burks Companies hired City Commercial to find a new building to purchase which would serve as their new corporate headquarters. As a result of limited options that met all of their requirements in their desired location, we found them a short-term office sublease opportunity just down the street from their previous location. This offered them extra time and flexibility to continue their search for the perfect new location for their corporate headquarters, as well as incredible value.

Secured rental rate for a sublease located in Class A building that was 64% below the currently quoted market rental rate.
Negotiated for a $5 PSF improvement allowance to make minor changes and improvements to the sublease space.