|
contents | business | |||||||||
| Alston & Bird executes lease to expand at Hines' One Atlantic Center The Atlanta office of Hines, the international real estate firm, announced that the national law firm Alston & Bird LLP has signed a lease to expand into an additional 134,000 square feet in One Atlantic Center. This will increase their total occupancy in the building to 365,000 square feet. Located at the Gateway to Midtown, One Atlantic Center is a 50-story, 1.1 million-square-foot office tower. The Alston & Bird lease term will be reset for 18 years. Currently, the firm occupies 10 floors, and will expand into 16 total floors. They will consolidate their 450 Atlanta attorneys into One Atlantic Center as their headquarters, relocating many from the adjacent Atlantic Center Plaza building. Alston & Bird's lease, coupled with the property's completion of an additional 87,000 square feet of new leases in 2010, bring One Atlantic Center to more than 91 percent leased. Hines' commitment to improving One Atlantic Center for the benefit of all of the tenants includes an expansion of the building's amenity offerings through a complete concourse renovation, with a new gourmet café, and the addition of a 2,500-square-foot fitness center and state-of-the-art conference center. write your comments about the article :: © 2011 Construction News :: home page |