Eight-year extension includes major renovations for long-time tenant at iconic Downtown tower

The Dilweg Companies announced today the signing of a long-term lease renewal with the Atlanta Hawks Basketball Club at 101 Marietta Street, a recently renovated 36-story Class A office tower and signature landmark of the Downtown Atlanta skyline.

The eight-year extension represents 53,865 square feet of premium office space on three different floors that currently houses over 200 Hawks employees. Major renovations are planned aimed at increasing the number of collaborative and employee-friendly work spaces. The NBA franchise has called 101 Marietta Street home since 2004.

“We love being downtown – so close to the Arena, MARTA and Centennial Park and we are committed to the future of Downtown Atlanta. The offices at 101 Marietta Street check all the boxes in terms of convenience, location and overall appeal for our employees, making it an easy decision to extend our relationship,” said Scott Wilkinson, Chief Legal Officer of the Hawks. “The cutting-edge workspace and premier amenities that Dilweg has delivered in the last year have been impressive, and have fostered an energized atmosphere that will attract and retain quality talent. We look forward to embarking on our next chapter downtown at 101 Marietta Street and a transformed Philips Arena.”

101 Marietta Street recently underwent a $5 million repositioning project, and offers brand new amenities, breathtaking skyline views and access to vibrant in-town destinations. Improvements include a state-of-the-art front lobby, life-size two-way virtual window offering real-time views of the streetscape and building interior, brand new fitness center, and new tenant lounge known as “The Hub” featuring televisions, a pool table, couches, and kitchen with barstool-style seating.

Chris Port, Senior Vice President with CBRE, represented the owners. John Dolan from CBRE represented the tenant.

“The Hawks’ commitment to 101 Marietta Street affirms the building’s first-class amenities and premier location in the heart of Downtown Atlanta,” said Anthony Dilweg, Founder and CEO at The Dilweg Companies. “The significant capital investments reflect our commitment to delivering future-ready workspaces that foster growth for tenants and build long-term value for our strategic partners.”

The building is currently 80 percent leased and includes notable tenants such as The Associated Press, CH Robinson, NAGRA/Kudelski Group, Oracle, Cogeco PEER 1 and Southern Education. The broad range of industry sectors represented at 101 Marietta Street include media, entertainment, logistics, digital security, education, legal and professional services.

“We are pleased to continue our partnership with the Atlanta Hawks, who are a cornerstone tenant and valued ambassador for our building,” said Jerry Banks, Managing Director at The Dilweg Companies. “The resurgence of Downtown Atlanta coincides with the robust leasing momentum at 101 Marietta Street. We look forward to sharing more news on our growing and diverse tenant roster in the near future.”

Tenants enjoy convenient access to three separate MARTA train stations located near the building, and are also just a short walk away from Centennial Olympic Park, CNN Center, Georgia Aquarium, the College Football Hall of Fame and the new Mercedes-Benz Stadium. 101 Marietta Street is in close proximity to several shopping and dining venues in the heart of Downtown Atlanta, and is part of the city’s newly dedicated arts and entertainment district.

CBRE is overseeing leasing at 101 Marietta Street. To learn more about floor plans and available office space, click here. Photos of the property can be found here.

About The Dilweg Companies

The Dilweg Companies is a full-service commercial real estate investment firm based in Durham, North Carolina. Since its launch in 1999, Dilweg has gained broad experience in the acquisition, development and operation of office, retail, warehouse/flex, multifamily and self-storage properties. Dilweg’s investors have sponsored over $1.34 billion in assets and more than 11.1 million square feet throughout North Carolina, Florida and Georgia. For more information, please call (919) 402-9100 or go to www.dilweg.com.