The Office Deal of the Year was awarded to developer Selig for 1105 West Peachtree, a $330 million, multi-tower project that’s currently under construction. In late 2018, Cushman & Wakefield arranged a 102,320-square-foot lease, one of the largest office leases signed in Midtown in 2018, at 1105 West Peachtree for Smith, Gambrell, & Russell, a 125-year-old Atlanta-based law firm. In 2019, they took an additional floor to bring the total lease size to approximately 120,000 square feet. Shea Meddin, Andrew Ghertner, Carla Williams and John Izard represented the tenant in the lease negotiations.
Cushman & Wakefield’s Office Agency Leasing team was involved with the two finalist transactions for the Office Deal of the Year category. Throughout 2019, Aileen Almassy secured several tenants at 725 Ponce, a $200 million, 12-story mixed-use development, on behalf of developer New City. A few of the companies include BlackRock, Chick-fil-A, McKinsey & Co., Pager Duty Inc. and Slalom LLC. Additionally, Andy Sumlin, Sonia Winfield and Laura Power secured a 115,000-square-foot lease with law firm Jones Day at Colony Square, a mixed-use development currently undergoing a $400 million renovation, on behalf of North American Properties. The lease anchors a new six-story tower.
The Industrial Deal of the Year was awarded to developer Seefried Industrial Properties Inc. for Amazon Inc.’s 700,000-square-foot lease on 90-plus acres in Gwinnett and DeKalb Counties. Gordon Benedict represented Amazon in the lease. The $238 million build-to-suit is Georgia’s first robotics fulfillment center and will bring more than 1,000 jobs to the counties. Roles will include employees to pick, pack and ship goods; human resources; operations management; security; safety; finance; and IT.
The Land Deal of the Year was awarded to the Atlanta Humane Society (AHS) for its $3.5 million purchase of five acres of land at Perry Boulevard and Marietta Road, which will allow the non-profit to develop a “forward-thinking facility that addresses the ever-changing needs of animal welfare in the community,” according to the Atlanta Humane Society. Boris Garbuz represented the Atlanta Humane Society in the sale. The location is notable because it is situated in the same corridor where the AHS was founded 150 years ago.
Congratulations to all of the winners!