The estimated hard construction cost is $9 million. The projectis expected to open in early summer 2001.
The developer's existing 1.9 million sf of office and industrialat the park is 95% leased. Rental rates are $12 per sf to $13 persf. Duke-Weeks' previous spec building hit more than 65% occupancywithin a month of opening.
With the completion of the planned building, the REIT has 15acres left in the park for development. Northmeadow is located nearGa. 400 in north Fulton County, about 25 miles north ofDowntown.
Continue Reading for Free
Register and gain access to:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
*May exclude premium content
Already have an account?
Sign In Now
© 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.
