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ATLANTA-The resignation of Jeffrey Arnold, WebMD co-founder and co-CEO, and the locally-based company’s announcement to move its headquarters to New York or New Jersey was a bombshell for Regent Partners. WebMD was negotiating for about 200,000 sf of space for its headquarters in Tower Place 400.

The company would have been an anchor tenant for the 27-story office tower Regent plans to develop as part of a mixed-use development and expansion of the existing Tower Place complex in Buckhead.

Arnold is an Atlanta resident. His exit transfers the decision-making to co-CEO Martin Wygod. Wygod was head of two companies in New Jersey and became co-CEO when WebMD bought the pair of firms.

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