Whitaker will oversee an existing leasing team that includes locally based Carter Co., according to Jacoby's office. Atlantic Station's leasing team already has snared two high-profile tenants for the development's first office building, the 21-story, $75-million, 425,000-sf 171 17th St. building.
The new tenants have leased a total 230,000 sf or more than half of the total rentable space. They are SouthTrust Bank of Birmingham, AL and locally based law firm Arnall Golden Gregory LLP. SouthTrust is taking 95,000 sf; Arnall Golden, 135,000 sf. The leases are for an estimated 10 years with a combined rent value of about $69 million, as GlobeSt.com previously reported.
Estimated asking base rents are $30 per sf, Midtown brokers in a position to know tell GlobeSt.com. At buildout, Atlantic Station will comprise 6.5 million sf of office; 1.4 million sf of retail and entertainment centers; three hotels totaling 1,000 rooms; 2,500 residences and 11 acres of public parks, Jacoby has previously projected.
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