Atlanta, GA

Regions Bank Stays Put in Atlanta with 100KSF Lease Renewal

Published

3 years ago

June 1, 2022

Regions Bank Stays Put in Atlanta with 100KSF Lease Renewal

Areas Plaza Atlanta. Picture courtesy of PGIM Actual Property

PGIM Actual Property has signed longtime tenant Areas Financial institution to a lease settlement that may maintain the monetary establishment in its present dwelling at Areas Plaza in Midtown Atlanta for a further 14 years. Areas Financial institution, which occupies simply over 100,900 sq. ft of area on the property, may even proceed to have its title grace the crown of the five hundred,000-square-foot, 24-story tower.

Situated on a virtually 2-acre website at 1180 W. Peachtree St., Areas Plaza first opened its doorways in 2001 as Atlantic Middle Plaza. In 2011, Birmingham, Ala.-based Areas Financial institution inked a lease for roughly 80,000 sq. ft on the Smallwood, Reynolds, Stewart, Stewart & Associates-designed property, which, just a few years later, took on the moniker of Areas Plaza. Quick-forward to 2017, PGIM acquired Areas Plaza from Crocker Companions, now CP Companions, for $176 million in one in every of Atlanta’s largest workplace offers of that yr.

Kevin Driver and Steve DeVinney of Stream Realty Companions, which handles leasing for Areas Plaza on behalf of PGIM, represented the possession within the transaction with Areas Financial institution. ICON Industrial Pursuits’ Jimmy Sanders, Mitch Kahlert, and Harry DeAntonio negotiated for the tenant. Together with the Class AA workplace area, Areas Financial institution has a full-service financial institution location on-site and staff have entry to the LEED- and Fitwel-certified property’s lengthy checklist of facilities, which features a health facility, café and convention choices.

One thing about Midtown

Atlanta’s workplace sector continues to battle with shaking off the damaging penalties of the pandemic. A few of the small victories may be attributed to Midtown. In response to a report by Cushman & Wakefield: “Because the tempo of latest vacancies hitting the market slowed considerably through the first quarter, central enterprise district emptiness dropped a modest 10 foundation factors quarter-over-quarter. This lower was primarily pushed by Midtown, which was the one submarket in Metro Atlanta to kick off 2022 with a quarterly emptiness enchancment.”

Moreover, Midtown was one in every of solely three of Atlanta’s 9 submarkets to put up constructive web absorption within the first quarter and led the market on this essential benchmark with practically 160,000 sq. ft in total web absorption, writes the Cushman & Wakefield report. Midtown was additionally on the prime in leasing exercise with practically 314,000 sq. ft of latest leases signed within the first quarter of 2022.

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Atlanta, GA

Bulls fall to Atlanta Hawks, lose for 4th time in 5 games

Published

6 hours ago

January 16, 2025

Press Room

Bulls fall to Atlanta Hawks, lose for 4th time in 5 games

CBS Sports HQ

Live

CHICAGO (AP) — Keaton Wallace had a career-high 27 points and the short-handed Atlanta Hawks beat the Chicago Bulls 110-94 on Wednesday night.

Wallace nearly doubled his previous high of 14. He made four 3-pointers and had six assists.

Daeqwon Plowden scored 19 points in his NBA debut after being called up from the G League’s College Park Skyhawks.

Dyson Daniels scored 18 points, and Onyeka Okongwu added 14 points, 13 rebounds and seven assists to help the Hawks win for the third time in four games even though Trae Young sat out due to a bruised right rib. The three-time All-Star was hurt against Phoenix on Tuesday night when he scored a season-high 43 points in a 122-117 win.

Coby White scored 16 points for Chicago. Zach LaVine had 15, and Nikola Vucevic added 14 points and 16 rebounds.

Takeaways

Hawks: Young, averaging 23.1 points and a league-leading 11.9 assists, was part of a lengthy list of sidelined Hawks. It included Jalen Johnson (right shoulder inflammation), De’Andre Hunter (left foot soreness), Larry Nance Jr. (right hand) and rookie Zaccharie Risacher (left adductor irritation).

Bulls: The Bulls simply couldn’t find much of a rhythm and lost for the fourth time in five games.

Key moment

Wallace scored 18 in the first half as the Hawks built a 61-47 lead.

The 6-foot-3 guard had eight points in a 15-0 run early in the second quarter that gave Atlanta a 42-27 lead. The Bulls got within four late in the half before the Hawks scored 13 straight, capped by Okongwu’s alley-oop dunk to make it 59-42 with 1:30 left. Okongwu also put back Bogdan Bogdanovic’s missed 3 in the closing seconds to send Atlanta to the locker room up by 14.

The Bulls went on a 12-2 run in the third to pull within 72-67 with about five minutes left in the quarter. The Hawks led by eight going into the fourth and remained in control from there.

Key stat

Both teams struggled from 3-point range, with the Hawks making 13 of 43 and the Bulls going 6 for 27.

Up next

The Hawks visit Boston on Saturday night, and the Bulls host Charlotte on Friday night.

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Atlanta, GA

Biden shares Eisenhower's concern about military-industrial complex

Published

14 hours ago

January 15, 2025

Press Room

Biden shares Eisenhower's concern about military-industrial complex

During President Biden’s farewell address, he quoted former President Eisenhower’s farewell address from 1961, and said he was equally concerned decades later about the dangers of the military-industrial complex and misplaced power.

Posted January 15, 2025 8:41pm EST

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Atlanta, GA

Frankie Mulinix brings Butoh dance to Atlanta

Published

22 hours ago

January 15, 2025

Press Room

Frankie Mulinix brings Butoh dance to Atlanta

Atlanta’s dance scene is vibrant and eclectic, and we are honored to highlight some of the many local dancers who move us with their movements in our ongoing series “Speaking of Dance.”

This edition highlights Atlanta performer, Frankie Mulinix, the founder and artistic director of Burning Bones Physical Theatre. She specializes in the evocative Butoh, a 1950s-era Japanese dance-theater art form that blends German expressionism, mime, and European philosophy to explore taboo subjects through dance.

For Mulinix, discovering Butoh during her undergraduate studies was transformative. “My body said, this is home,” she shared.

As an artist-in-residence at Windmill Arts, Mulinix is dedicated to building Atlanta’s Butoh community from the ground up, educating audiences about its history and global significance. Her work aims to transform emotion into experience, creating visceral performances that resonate deeply with performers and audiences alike.

Burning Bones Physical Theatre has an exciting 2025 season planned, with more information at Frankie Mulinix’s website here.

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