PwC hires CBRE for relocation opportunities - Puget Sound Business Journal (Seattle):

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has hired CB . as its strategif real estate adviser forthe firm’s Atlantaq office. New York-based PwC leases about 150,000 squarde feet at 10 Tenth Street. The lease expires in late 2012. The CBRE which consists of John Shlesingerfrom CBRE’s Atlantsa office and Timothy Dempsey from CBRE’ds New York office, will examine the accountingb firm’s potential relocation opportunities throughout greater Atlanta, as well as represen PwC in any discussions with its currengt landlord. CBRE, PwC’s national real estate services provider, provide s transaction management and project management servicew throughout the United States on behalfof PwC.
Abouft 10 years ago, PricewaterhouseCoopers moved nearly 860 employeexto Midtown’s 10 Tenth St., known as the Millennium office building, located at 10th and West Peachtred streets. That deal gave a huge boost to what was then a strugglingv Midtownoffice market. PricewaterhouseCoopers joins many other largwe professional services firms that are starting their search for new leasez in theAtlanta market, including Big Four competitof and downtown office tenant , whicn is currently housed at SunTrust Plaza. GA-MET, a real estatde joint venture between Georgia-Pacific LLC and MetLifr Inc.
, recently awarded the leasing and managementof Georgia-Pacific Center to The firm will beginj the assignment on June 16. has beenmarketing and managingthe 52-story,1.12 million-square-foot tower at 133 Peachtree St. Georgia-Pacific leasezs 820,000 square feet for its corporated headquarters. Georgia-Pacific Center has about 124,0090 square feet of contiguous space available for leasw onthe 26th, 27th, 28th, 29th, 30th and 31st floors. The buildingv is 87 percent leased.
Jones Lang LaSall Managing Director Linda Bolan willlead management-transition while Mark Harrington and Jamilyn Boze will be responsibles for the daily management of the Jones Lang LaSalle senior vice president Glenn Aspinwall and Jeff Frantz will lead leasing. “We’ve assembleed an all-star team to work with GA-MET to further the success of thislandmarik building,” said Clark Gore, Jones Lang LaSalle Atlantaa market director. “It’s a great asse and a terrific opportunity to continue to prove our capabilitiex and the quality of our Atlantzaleadership team.
” Leasing and managemengt of the Georgia-Pacific Center adds to Jonesx Lang LaSalle’s significant downtowhn presence. The firm also leases 230 Peachtrese Street and manages the Unitex Way of MetropolitanAtlanta Inc.’s downtown headquarters. In addition, Jones Lang LaSalle’sx Project and Development Services team is leading the redevelopmentt of the Hilton Atlanta and the HyattRegency Atlanta, afterf also completing development and redevelopment efforts for the World of Coca-Cola and the Atlantwa Marriott Marquis in the past two years. The team is also developiny GeorgiaState University’s $160 million Sciencre Park in Atlanta’s downtown submarket.
Jones Lang LaSallre leases and manages about 9 million squarde feet inmetro Atlanta. recently sold its Post Dunwoodu apartments forabout $47 million, the largest multifamily transaction of the year in Atlantas and a sign that some types of real estatw lending are picking up. In a deal that closexd in April, Post (NYSE: PPS) sold the 530-unit apartmentg complex to andfor $47.4 or $89,434 a unit. Fulton County had valued the propertg atnearly $51 million, or aboutt $97,000 a unit. Freddie Mac (FRE) originateds a nearly $36 million loan to fund the according to The deal resulter in a 75 percent loanto value.