Centennial Tower

|

ATLANTA—A California-based development firm overseeing themulti-billion dollar repositioning of The Gulch will have a bird'seye view of the project after signing a long-term lease agreementat 101 Marietta Street in Downtown Atlanta.

|

The Dilweg Cos. announced that CIM Group and nine othercompanies have signed new lease agreements or extensions at theiconic 36-story Downtown office tower known for its trademarkchevron silhouette. CIM Group will occupy two of the new specsuites at 101 Marietta St. that overlook the firm's futureCentennial Yards mixed-use development in The Gulch. The new leaseagreements represent over 45,000 square feet of new and expandedoccupancy at the building.

|

Located just steps away from landmark destinations such asMercedes-Benz Stadium, State Farm Arena, Centennial Olympic Park,Georgia Aquarium and CNN Center, the iconic tower has capitalizedon Downtown Atlanta's renaissance by landing leasing agreementstotaling 395,000 square feet since a $5 million repositioningproject was completed two years ago, including 265,000 square feetof new leasing with tenants from a variety of sectors includingtech, engineering, entertainment and professional services. There-energized building offers new amenities, skyline views,connectivity and access to in-town destinations that attract toptalent across metro Atlanta.

|

"We are thrilled to welcome this dynamic group of tenants to 101Marietta St.," said Jerry Banks, managing director at the DilwegCos. "With all five of the NELSON Worldwide-designed spec suitestotaling 23,000 square feet now fully leased, we will proceed withdesign and construction for the next batch of spec suiteofferings."

|

Banks tells GlobeSt.com that the building is 82% leased.Construction for the next round of spec suites at 101 Marietta St.will commence in January. He says Dilweg plans to construct fournew spec suite spaces in Q1 2020.

|

"101 Marietta St. aims to attract creative class tenants who areeager to surround themselves with other forward-thinking tenants,"Banks says. "These tenants are focused on how the building andsurrounding area can enhance their company culture and businessefficiencies."

|

CBRE is overseeing leasing at 101 Marietta St.

Want to continue reading?
Become a Free ALM Digital Reader.

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.