Cushman & Wakefield has arranged a 102,320-square-foot lease at 1105 West Peachtree in Atlanta’s Midtown submarket for Smith, Gambrell, & Russell, a 125-year-old Atlanta-based law firm with locations throughout the world. Shea Meddin, Andrew Ghertner, Carla Williams and John Izard of Cushman & Wakefield represented the tenant in the lease negotiations for one of the largest office leases signed in Midtown in 2018. Chris Ahrenkieland Steve Baileof Selig self-represented the developer.
“Smith, Gambrell, & Russell has been in its current office space since we relocated the firm to Promenade in 1991. When they hired us again and decided to potentially relocate, we knew it had to be somewhere special,”Ghertner said.
“Selig’s new trophy project will allow Smith, Gambrell, & Russell to design its brand-new office space for the future in a prime Midtown location with great amenities which will help the firm continue to grow and attract and retain top talent. It was an honorto work with two of Atlanta’s most prominent firms, both of which have been in business formore than 100 years,” Meddin said.
Smith, Gambrell, & Russell will occupy four floors,nine through 12, and the ninth floor will include a one-acre Sky Plaza with green space as part of the Marriott Autograph Collection hotel, featuring a rooftop bar, restaurant, pool and more.
Spanning a city block, the nearly 3.6-acre site will feature a 660,000-square-foot office tower; a 178-key full-service Marriott Autograph Collection hotel; and 64 luxuryresidential units. Selig has developed roughly $1.5 billion in Midtown over the last decade, including 1065 and 1075 Peachtree, PWC’s southeast regional headquarters, and the Loews Atlanta Hotel.
Cushman & Wakefield’s Equity Debt & Structured Finance team has also been retained to capitalize the property. Construction is slated to begin in early January 2019.
About Cushman & Wakefield
Cushman & Wakefield (NYSE: CWK) is a leading global real estate services firm that delivers exceptional value for real estate occupiers and owners. Cushman & Wakefield is among the largest real estate services firms with 48,000 employees in approximately 400 offices and 70 countries. In 2017, the firm had revenue of $6.9 billion across core services of property, facilities and project management, leasing, capital markets, valuation and other services. To learn more, visit www.cushmanwakefield.com or follow @CushWake on Twitter.
