Terminus 200 Signs Two Restaurants

ATLANTA-Terminus 200, the 25-story, 565,000-sf Buckhead office tower being developed by Cousins Properties Inc. and Prudential Real Estate Investors, has gained its first two restaurant tenants. III Forks steakhouse and gourmet Mexican restaurant Cantina Laredo are set to occupy 16,000 sf, almost all of the retail space available at the under-construction building set for completion in August 2009.

Both of Terminus’ new restaurants, owned by Dallas-based Consolidated Restaurant Operations Inc., are entering the Atlanta market for the first time. They are expected to attract potential office tenants to the new $172.5-million building by appealing to a user who wants a variety of different dining options on site, Matt Gove, senior vice president of Cousins, tells GlobeSt.com.

No office leases have been signed at the project yet and leasing rates for the building are not being released at this time, according to Cousins. Marcus & Millichap second-quarter reports claim the CBD/Midtown/Buckhead submarket enjoys the highest average retail rent in Atlanta at $22.20 per sf.