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ATLANTA-Duke Realty Corp. has leased more than 75,000 square feet at NorthWinds Center, a large office park in suburban Alpharetta. New transactions include a 26,889-square-foot deal with Bloomfield Hills, MI-based Pulte Homes for its Georgia division.

“We’re seeing good activity in the Atlanta office market, with many tenants moving forward with decisions regarding office requirements and the best locations that fit their particular needs,” says Kerry Armstrong, senior vice president at Duke’s Atlanta office. He adds that NorthWinds is more than 90% leased.

Atlanta’s office market has suffered some tough blows lately, posting more than 500,000 square feet of negative absorption in this year’s first quarter after posting 825,000 square feet of positive absorption for all of 2008, according to figures furnished by Cushman & Wakefield. The area’s overall vacancy rate through March is 17%, with rents declining slightly to at least $21 per square foot.

NorthWinds, which Indianapolis, IN-based Duke has owned for the past five years, encompasses 1.9 million square feet along Haynes Bridge Road near Georgia 400. The park has 35 acres available for future development and build-to-suit opportunities.

Additional deals at NorthWinds include: SunGard Availability Services’ renewal of 14,343 square feet; Wachovia Securities’ renewal of 14,222 square feet; a new lease by Upper Left Quadrant LLC for 8,334 square feet; and Southern Investors Group’s renewal of 5,314 square feet.

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