Wednesday, January 14, 2009

12th and Midtown developers announce Phase 2 office tenants

12th and Midtown developers Daniel Corporation and Selig Enterprises announce the first two tenants in their Phase Two office tower, 1075 Peachtree. Read the full article in the Atlanta Business Chronicle

Seyfarth Shaw, LLP will be moving its 77 attorneys from John Dewberry’s One Peachtree Pointe to 1075 Peachtree, where it will take 65,000 square feet. The Boston Consulting Group Inc., housed in Bank of America Plaza, will take 35,000 square feet. This brings the building to twenty percent leased, however, the development team anticipates reaching sixty percent by summer 2009.

Phase Two of 12th and Midtown also features the Loews Atlanta Hotel and a conference center, which connects the hotel with the office tower. The project's Phase One, 1010 Midtown condos, has seen considerable success, with over 33% sold. The building opened in November 2008.