Officials at Lincoln Property Co., which represents the Illinoispension fund, did not respond to GlobeSt.com queries on the leasingdetails. However, area brokers familiar with the Northwest/Viningssubmarket tell GlobeSt.com the lease was probably for a minimum 10years at an estimated effective rent of $20 per sf. That would makethe estimated aggregate value of the lease $3.3 million.

NationsBuilders is moving its corporate headquarters to Atlantabut plans to maintain a West Coast office in California, accordingto Jim Leach, executive vice president of NationsBuilders. "Wechose to relocate our corporate headquarters to Atlanta due to itsbusiness-friendly environment and status as one of the country'skey transportation hubs," Leach says.

Overlook III, designed by locally based Smallwood, Reynolds,Stewart, Stewart & Associates Inc., opened in 1987. Thebuilding is one of metro Atlanta's most visible structures becauseof its exterior skin of silver reflective glass and white Georgiamarble. The building has a two-story tapered top that resembles around-cut diamond, according to the architectural firm.