The estimated value of the lease, based on an average $21 per sf over the length of the contract, is $327 million, area brokers familiar with the central business district office submarket tell GlobeSt.com on condition of anonymity.
It's the largest lease of its kind in the Atlanta area over the past five years at least, area brokers working the office markets tell GlobeSt.com.
James Fluker, Jr. of Taylor & Mathis Inc. represented the building owners, Georgia-Pacific and MetLife. Fluker couldn't be reached.
Founded in 1927, Georgia-Pacific employs 75,000 at 600 facilities in the United States, Canada and 11 other countries.
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