ATLANTA-One Atlantic Center, Midtown’s 50-story, 1.1-million-sf office landmark, has a new tenant today in Carlton Fields, a 103-year-old, Tampa, FL-based national law firm. The firm is leasing the entire 23,000-sf 30th floor of the 17-year-old tower at 1201 West Peachtree St. The 10-year lease has an aggregate rent value of $7 million.

The transaction brings the building’s leasing level to 81.3%, Andy Lechter, branch manager in the local office of Studley, tells The “occupancy (number)is currently less but a large tenant (Powell Goldstein) will be moving in shortly and taking over 100,000 sf,” Lechter says.

The building is owned by Sumitomo Life Realty Corp. of New York. Audrey Windsor, senior vice president of Jones Lang LaSalle, negotiated the lease for the owner. The quoted average rent range at One Atlantic Center is $28 to $30 per sf, full service, including $9.82 in operating expenses.

Carlton Fields is temporarily occupying 9,000 sf on the 25th floor while its 30th floor space is being reconfigured for about 60 employees. “When we decided to expand to Atlanta, we knew that we would need office space that not only met the legal and business needs of our clients, but one that would also firmly establish our presence in this new market,” says Thomas A. Snow, president and CEO of Carlton Fields. Wayne Shortridge is managing director of the new office.

Carlton Fields will have several law firm neighbors at One Atlantic Center, including the local office of Holland & Knight which renewed a 10-year, 74,000-sf lease valued at about $17 million in May. Besides Atlanta and Tampa, Carlton Fields has Florida offices in Orlando, Miami, St. Petersburg, Tallahassee and West Palm Beach.

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