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Cresa Atlanta
3475 Piedmont Road
Suite 900
Atlanta, GA 30305
404.257.8866 tel
404.256.6399 fax
Map/Directions

Contacts

Jim Byrd
Managing Principal
Email
404.446.1573 tel
Bubba Chrismer
Managing Principal
Email
404.446.1574 tel
Kevin Creel
Managing Principal
Email
404.446.1576 tel
Billy Hobbs
Managing Principal
Email
404.446.1579 tel
Thomas B. Tindall
Managing Principal
Email
404.446.1588 tel

Atlanta

  • Airport/North Clayton

    Industrial - First Quarter 2015

    Supply
    92,097,662 SF
    Vacancy
    10.0%
    Absorption
    1,833,549 SF
    Avg. Lease Rate
    $3.28/SF
  • Buckhead Office

    Class A - First Quarter 2015

    Supply
    16,092,776 SF
    Vacancy
    14.9%
    Absorption
    24,415 SF
    Avg. Lease Rate
    $30.47/SF
  • Buckhead Office

    Class B - First Quarter 2015

    Supply
    4,633,513 SF
    Vacancy
    10.4%
    Absorption
    45,492 SF
    Avg. Lease Rate
    $20.19/SF
  • Central Perimeter Office

    Class A - First Quarter 2015

    Supply
    21,663,525 SF
    Vacancy
    14.95%
    Absorption
    (106,885) SF
    Avg. Lease Rate
    $25.64/SF
  • Central Perimeter Office

    Class B - First Quarter 2015

    Supply
    9,092,305 SF
    Vacancy
    19.7%
    Absorption
    22,705 SF
    Avg. Lease Rate
    $19.96/SF
  • Chattahoochee

    Industrial - First Quarter 2015

    Supply
    21,656,816 SF
    Vacancy
    5.4%
    Absorption
    (19,257) SF
    Avg. Lease Rate
    $5.92/SF
  • Downtown Office

    Class A - First Quarter 2015

    Supply
    16,585,682 SF
    Vacancy
    16.6%
    Absorption
    25,178 SF
    Avg. Lease Rate
    $19.25/SF
  • Downtown Office

    Class B - First Quarter 2015

    Supply
    14,675,561 SF
    Vacancy
    6.9%
    Absorption
    (108,676) SF
    Avg. Lease Rate
    $16.43/SF
  • Duluth/Suwanee/Buford

    Industrial - First Quarter 2015

    Supply
    47,469,480 SF
    Vacancy
    8.0%
    Absorption
    92,848 SF
    Avg. Lease Rate
    $4.47/SF
  • GA-316/Lawrenceville

    Industrial - First Quarter 2015

    Supply
    19,071,281 SF
    Vacancy
    6.0%
    Absorption
    89,140 SF
    Avg. Lease Rate
    $4.20/SF
  • I-20W/Douglasville

    Industrial - First Quarter 2015

    Supply
    42,435,388 SF
    Vacancy
    8.7%
    Absorption
    272,678 SF
    Avg. Lease Rate
    $3.90/SF
  • Kennesaw/Acworth

    Industrial - First Quarter 2015

    Supply
    35,168,358 SF
    Vacancy
    6.5%
    Absorption
    (164,544) SF
    Avg. Lease Rate
    $4.11/SF
  • Midtown Office

    Class A - First Quarter 2015

    Supply
    17,178,541 SF
    Vacancy
    15.6%
    Absorption
    225,230 SF
    Avg. Lease Rate
    $25.82/SF
  • Midtown Office

    Class B - First Quarter 2015

    Supply
    5,981,761 SF
    Vacancy
    12.0%
    Absorption
    (24,655) SF
    Avg. Lease Rate
    $18.88/SF
  • Norcross

    Industrial - First Quarter 2015

    Supply
    32,862,236 SF
    Vacancy
    10.4%
    Absorption
    367,200 SF
    Avg. Lease Rate
    $5.40/SF
  • North Fulton Office

    Class A - First Quarter 2015

    Supply
    16,780,266 SF
    Vacancy
    14.3%
    Absorption
    161,222 SF
    Avg. Lease Rate
    $21.67/SF
  • North Fulton Office

    Class B - First Quarter 2015

    Supply
    15,166,164 SF
    Vacancy
    14.6%
    Absorption
    (33,939) SF
    Avg. Lease Rate
    $15.94/SF
  • North Fulton/Forsyth County

    Industrial - First Quarter 2015

    Supply
    29,820,916 SF
    Vacancy
    8.1%
    Absorption
    299,897 SF
    Avg. Lease Rate
    $7.57/SF
  • Northwest Office

    Class A - First Quarter 2015

    Supply
    18,079,143 SF
    Vacancy
    14.8%
    Absorption
    32,501 SF
    Avg. Lease Rate
    $23.18/SF
  • Northwest Office

    Class B - First Quarter 2015

    Supply
    21,790,316 SF
    Vacancy
    17.3%
    Absorption
    73.921 SF
    Avg. Lease Rate
    $16.43/SF
  • South Clayton/Henry County

    Industrial - First Quarter 2015

    Supply
    49,004,786 SF
    Vacancy
    9.4%
    Absorption
    150,171 SF
    Avg. Lease Rate
    $2.99/SF

Cresa Atlanta is an international corporate real estate advisory firm that exclusively represents tenants – office and industrial space users. As professional real estate advisors, we are passionate about understanding the needs of our clients and strive to deliver exceptional service for the long term. We collaborate with clients to provide service-oriented rather than transaction-oriented counsel. By choosing to represent the interests of Tenants alone, Cresa Atlanta avoids conflicts of interest. 

 

For clients that chose to relocate, our work is not complete until they experience a seamless transition to new space. Cresa Atlanta offers project management and relocation planning services, ensuring that construction projects are delivered on time and under budget. With more than 100 years of combined experience, in addition to office, industrial and retail space construction, our Project Managers have experience with build-to-suit, call centers, hotels, restaurants, educational, and medical facilities.

 

Now that you've watched the video, click here to see how the Watkins Research Group ranked Cresa #1 in client advocacy.

MISSION

Our mission is to provide customized solutions exclusively for corporate space users by offering fully integrated services that align their real estate needs with their business plans, delivering maximum cost savings and exceeding expectations.

VISION

Our vision is to be the exception in the commercial real estate industry: A company that is service-oriented rather than transaction-oriented, with advisors who are client focused not deal focused. 

VALUES

We are guided by the concept, “Do the Right Thing,” both internally and externally. We will always do what is right for the client’s best interest and put that interest before our own. We treat our clients and employees with respect, dignity and fairness in all matters.
  



People

Jay Begley Executive Assistant 404.446.1596
J. Bender Betbeze Vice President, Project Management 404.446.1569
RT Bowden Advisor 404.446.1580
Kathleen Burke Senior Vice President 404.446.1577
Jim Byrd Managing Principal 404.446.1573
Ronnie Cannon Principal 404.446.1572
Bubba Chrismer Managing Principal 404.446.1574
Dennis Compton Senior Vice President, Project Management 404.446.1865
Kevin Creel Managing Principal 404.446.1576
John Flack Principal 404.446.1594
Paula Fowler Senior Vice President, Operations 404.446.1589
Joseph Grace Principal 404.446.1578
Taylor Green Operations Associate 404.446.1592
Scott A. Hardeman Vice President 404.446.1863
Adrienne Heintz Marketing Associate 404.446.1862
Billy Hobbs Managing Principal 404.446.1579
Cloteen B. Jasmin Senior Vice President, Corporate Services 404.446.1562
Jason Jones Principal 404.446.1581
Cris Katz Executive Assistant 404.446.1587
Bo Keatley Vice President 404.446.1568
Mike Loy Senior Vice President, Project Management 404.446.1583
Paula McBryde Accounting Associate 404.446.1582
Bob Misdom Principal 404.446.1598
Tim Moresco Senior Vice President 404.446.1595
Brooks Morris Vice President 404.446.1564
Hugh Rader Advisor 404.446.1597
Michael Rice Vice President, Project Management 404.446.1861
Ed Riggins Senior Vice President 404.446.1584
Andy Roberts Associate 404.446.1866
Hansell Roddenbery Principal 404.446.1585
David Rubenstein Principal 404.446.1586
Daman Shuman Executive Assistant 404.446.1591
Trevor A. Smith Advisor 404.446.1571
Jim Bob Taylor Principal 404.446.1864
Thomas B. Tindall Managing Principal 404.446.1588
Scott Trump Executive Assistant 404.446.1860
Wes Vaughan Advisor 404.446.1599
J. Buckner Winfield, III, SIOR Senior Vice President 404.446.1593

News

Success Stories

Client Location Sq. Footage
Atlantic Business Systems Duluth  43,263  
Aunty's Homemade Food Cincinnati  10,000  
B&E Jackson & Associates, Inc. Atlanta  8,937  
Beazley Atlanta  6,700  
Camp Dresser & McKee, Inc. Atlanta   17,003  
Confidentail Client Atlanta  7,325 SF 
CredAbility Atlanta  41,772  
CSX Transportation, Inc.   150,000+  
Dekalb Office Environments Alpharetta  125,000  
Easter Seals of North Georgia Atlanta, GA  7,147 SF 
Fidelity National Title Group Atlanta, GA  10,085 
General Shale Brick, Inc. Atlanta   
LivePerson, Inc. Atlanta, GA  7,800 
Mizuno USA Braselton, GA  520,000 
Pope McGlamry Kilpatrick Morrison & Norwood Atlanta  6,500 
Recall Atlanta  6,000,000 
Sagepath Atlanta, GA  10,000 
Sanofi-Aventis Alpharetta, GA  6,500 
Si Kote Technologies Cincinnati  20,000  
Silverton Bank Atlanta   
Suzanna's Kitchen Suwanee, GA  326,000 SF 
Tech Packaging - Build-to-Suit Hazelton, PA  223,200 
The Sports Section Duluth  36,918  
Toyota Motor Sales USA, Inc. Maimi, FL  10,000 
Undisclosed Client Metro Atlanta  202,000 
Victaulic Company of America Aurora (Chicago)  61,897  

Subleases & Sales

Property Available Space Rental Rate
Sublease: ALPHARETTA - 1725 Windward Concourse
The Park at Windward Concourse
1725 Windward Concourse
Suite 120
Alpharetta, GA 30005
Suite 120 | 5,763 SF Below Market
Sale: ALPHARETTA - 3333 Old Milton Pky.
3333 Old Milton Pky.
Alpharetta, GA 30005
±27 acres
Sublease: ALPHARETTA - 3440 Preston Ridge Road
Preston Ridge IV
3440 Preston Ridge Road
Suite 150
Alpharetta, GA 30005
6,214 SF Total (Divisible) $20.00/SF Full Service
Sublease: ALPHARETTA - 4501 Northpoint Pky
4501 Northpoint Pky.
Alpharetta, GA 30022
11,983 SF (will not subdivide) $17.00/SF Full Service
Sublease: ALPHARETTA - 5865 North Point Parkway
Rolta Building
5865 North Point Parkway
Alpharetta, GA 30022
8,533 SF 14.00
Sublease: ALPHARETTA - 5940 Cabot Parkway
5940 Cabot Parkway
Building 300
Alpharetta, GA 30004
80,704 SF (10,000 SF Office) $4.90/NNN & $1.17 Opex
Sublease: ATLANTA - 6 Concourse Pkwy
6 Concourse Pkwy
Suite 900
Atlanta, GA 30328
7,467 RSF $25.00/SF Full Service
Sublease: ATLANTA - 10 10th Street
Millennium in Midtown
10 10th Street
Suite 500
Atlanta, GA 30309
24,409 SF $26.00/SF Full Service
Sublease: ATLANTA - 200 Glenridge Point
200 Glenridge Point Pkwy.
Atlanta, GA 30342
19,610 - 58,830 SF (will not subdivide floors) $19.50/SF Full Service
Sublease: ATLANTA - 303 Perimeter Center North
Sterling Pointe II
303 Perimeter Center North
Suite 201
Atlanta, GA 30346
10,979 SF $18.00/SF Full Service
Sublease: ATLANTA - 817 W Peachtree St, NW
The Biltmore
817 W Peachtree St, NW
Suite 500
Atlanta, GA 30308
14,766 SF 19.00
Sale: ATLANTA - 1815 The Exchange SE
1815 The Exchange SE
Atlanta, GA 30339
20,703 SF
Sale: ATLANTA - 1990 Defoor Avenue
1990 Defoor Avenue
Atlanta, GA 30318
73,500 SF; ±13,230 SF FOR SALE
Sublease: ATLANTA - 2850 Premiere Pkwy
2850 Premiere Pkwy.
Duluth, GA 30097
86,000 RSF (Not Divisible) Negotiable
Sale: ATLANTA - 3218 Marjan Drive
3218 Marjan Drive
Atlanta, GA 30340
12,376± SF (2,000± Office)
Sublease: ATLANTA - 3445 Breckinridge Boulevard
3445 Breckinridge Boulevard
Duluth, GA 30096
15,094 SF Below Market
Sublease: ATLANTA - 3700 Crestwood Pkwy.
3700 Crestwood Pkwy.
Suite 200
Duluth, GA 30096
2,641 SF Below Market
Sublease: ATLANTA - 5555 Glenridge Connector
Glenridge Highlands One
5555 Glenridge Connector
Atlanta, GA 30342
7,737 SF (will not subdivide) $15.00/SF Full Service
Sublease: ATLANTA - 5909 Peachtree Dunwoody Road
5909 Peachtree Dunwoody Rd., NE
Atlanta, GA 30328
3,993 SF on 4th Floor $23.00/SF Full Service
Sublease: BRASELTON - 920 Highway 124
Braselton Business Park
920 Highway 124
Braselton, GA 30517
100,000 SF $3.50/SF NNN
Sale: COMMERCE - 362 Industrial Parkway
362 Industrial Parkway
Commerce, GA 30529
43,750 SF SALE OR LEASE
Sublease: CONYERS - 1449 VFW Drive SW
1449 VFW Drive SW
Conyers, GA 30012
7,500 SF $4.50/SF NNN
Sublease: DECATUR - 750 Commerce Drive
750 Commerce Drive
Suite 400
Decatur, GA 30030
7,445 SF Below Market
Sublease: DOUGLASVILLE - 8950 Highway 5
8950 Highway 5
Douglasville, GA 30314
45,000 SF $4.50/MG
Sublease: DULUTH - 3175 Satellite Boulevard
3175 Satellite Blvd, Building 600
Suite 200
Duluth, GA 30096
24,128 SF Negotiable
Sublease: LITHONIA - 2160 Lithonia Industrial Boulevard
2160 Lithonia Industrial Boulevard
Lithonia, GA 30058
75,000 SF $1.65 Absolute Net
Sale: MARIETTA - 340 Franklin Road
340 Franklin Road
Marietta, GA 30067
Land Size: ±3.72
Sale: MARIETTA - 775 Franklin Road
775 Franklin Road
Marietta, GA 30067
Sale: MARIETTA - 779 Franklin Road
779 Franklin Road
Marietta, GA 30067
6,424 SF on 2 Floors SALE PRICE: $495,000
Sale: NORCROSS - 4765 Buford Highway
4765 Buford Highway
Norcross, GA
18,600 SF on 4.4 Acres $13,500/month Sale Price: $1,799,000
Sale: SANDY SPRINGS - 8607 Roswell Road
8607 Roswell Road
Sandy Springs, GA 30350
14,700 SF (100% office finish), ±1.4 acres $15.00 NNN
Sale: TOCCOA - 590 Industrial Boulevard
590 Industrial Blvd aka 6134 Industrial Blvd
Toccoa, GA 30577
129,000 SF
Sale: WOODSTOCK - 230 Rope Mill Parkway
230 Rope Mill Pky
Woodstock, GA 30188
9,600 SF

Cresa Atlanta Blog

  • 6/26/2015Getting the Most Out of Your TI Allowance
    After renegotiating a new lease or even a renewal, tenants often come away with a tenant improvement (TI) allowance that enables them to update and customize their space. Many tenants need to stretch those dollars as far as possible to get the most bang for their buck. One way to do so is to find [...] Read More
  • 6/22/2015Bearings Bike Shop: Changing Lives with Just a Bike
    Each year, Cresa’s charitable foundation, Cresa Cares, a 501c3 organization, raises funds nationally through a variety of events and functions. Cresa Cares then distributes those funds to worthy non-profit organizations, giving an average of $65,000 annually. This month, a unique organization received a $2,500 donation from Cresa Cares: Bearings Bike Shop, which reaches at-risk kids [...] Read More
  • 6/12/2015Sandy Springs’ Goals for Its City Center Are in Reach
    The Sandy Springs City Center – covered in this blog last year – is set to kick into gear this summer. Sandy Springs Mayor Rusty Paul has stated that he hopes the project will break ground in July or August, with a “soft opening” anticipated in Fall 2017, the Sandy Springs Patch reports. The planned [...] Read More
  • 6/8/2015Move Over, Midtown: Buckhead Is Becoming a Tech Mecca
    Millennials are flocking to Midtown, and major tech companies like Worldpay and NCR are following suit. But Buckhead – thanks in large part to increasing walkability and the Atlanta Tech Village – is giving Midtown a run for its money as a technology haven. Start-ups may start in Midtown but end up in Buckhead as [...] Read More
  • 5/29/2015Porsche Revs up the South Side
    Atlanta’s north end is usually the most popular area for headquarters locations, but the south side has achieved a coup by attracting the new Porsche headquarters. Located near the northeast corner of Hartsfield-Jackson International Airport, the $100 million, 28-acre development is a redevelopment of the old Ford Motor Co. assembly plant. Its opening on May [...] Read More
  • 5/18/2015Millennials Love Midtown, but Will They Stay?
    When A.J. Robinson, the president of Central Atlanta Progress, cut the ribbon on the Atlanta Streetcar in December 2014, he bluntly stated that the transit project was built not for the elder statesmen who opposed it but for up-and-coming generations. Indeed, the city of Atlanta has been working diligently to provide the coveted Millennial generation—generally [...] Read More
  • 5/8/2015Buckhead Atlanta Delivers On Its Promise
    As the densely packed area around Lenox Square and Phipps Plaza grows ever denser, project activity is booming in a once-quieter part of Buckhead: the Buckhead Village. OliverMcMillan’s $1 billion Buckhead Atlanta development has served as the catalyst for much of this investment, and no wonder: the six-block, 1.5 million-square-foot development in the Buckhead Village [...] Read More
  • 5/1/2015GWCCA Proposes a Makeover to Centennial Park
    In a sign of how far Downtown Atlanta has come since the 1996 Summer Olympics, the Georgia World Congress Center Authority (GWCCA) is proposing a major overhaul of Centennial Olympic Park. The $46.5 million project would remake the park to become more outwardly focused, thanks to the many tourist attractions now surrounding the 21-acre green [...] Read More
  • 4/24/2015Suntrust Park: Not Just the Home of the Braves
    Last week’s CoreNet meeting featured a panel of key players in the mixed-use development surrounding the Braves’ new Cobb County stadium, SunTrust Park. The panelists—who included Tad Leithead of Cumberland CID as moderator; Mike Plant, the Braves’ executive vice president of business operations; Connie Engel of Childress Klein; Lamar Wakefield of Wakefield Beasley & Associates; [...] Read More
  • 4/16/2015Cresa in the News: Open Office Design
    Robin Weckesser, Managing Principal, Project Manager, with Cresa San Jose, recently had the below article published in GlobeStreet. A hot topic in commercial real estate right now, Robin outlines factors to consider for your next office design.   What kind of workplace is best for you? Open vs. closed? Collaborative vs. private? The debate is intensifying, [...] Read More
Cresa Atlanta Blog / Read More

Community Service

 

 

At Cresa Atlanta, we believe in “paying it forward.” During the year, we fund and provide volunteers for four different community service projects.

 

In January and again in December, we participated in the Feed the Homeless initiative, founded by real estate veteran, Hugh Pafford. Each Saturday, an Atlanta real estate company funds the food that is served to the homeless in downtown Atlanta. The food is cooked by volunteers using a mobile feeding unit and served “on the street.”  

 

Every March, Cresa Atlanta buys a large quantity of canned goods and delivers it to the Sandy Springs Community Assistance Center. In addition to stocking the shelves, we provide volunteers to help change out the thrift store clothing from winter to summer clothes.

 

Annually, Cresa Atlanta also participates in the CoreNet Community Reinvestment Challenge. For the past two years, we have helped fund improvements to Nicholas House, the only homeless shelter in Georgia that houses entire families. This year, our Cresa Atlanta volunteers helped landscape the grounds of the shelter near Grant Park, repaired a porch roof and painted parts of the interior of the house.

 

After celebrating our own Thanksgiving lunch, we got to work “stuffing” 250 toiletries bags for homeless men. The bags were then donated to Must Ministries, who will distribute them to homeless men attending the Must Ministries Thanksgiving lunch. Cresa Atlanta also made a cash contribution to the operating account to help finance the many outreach programs of this organization.

 

Cresa Atlanta is grateful for its many blessings, including our wonderful clients, employees, advisors, vendors, and real estate associates. We are pleased to be in a position to “pay it forward” through our community service efforts.

Testimonials and Selected Clients

 


 

Project Management


Cresa projects are not complete until our clients experience a seamless transition to new space. The Atlanta office offers project management and relocation planning services, ensuring that construction projects are delivered on time and under budget.

Making It All Work

Whatever real estate project you have in mind, we have the people who can implement it. We'll oversee the planning and design, gather the right team, and direct the entire construction process — keeping a close eye on the budget the entire time.

Our project managers often take an active role in both the strategy and transaction phases of a project, advising on issues of programming, feasibility, and other challenges that may affect the ultimate build-out of space.

The Team

With more than 140 years of combined experience, the Atlanta project management team provides clients with turnkey oversight of space design, construction, vendor selection and interface, furniture installation, cabling, and move coordination.

In addition to office, industrial and retail space construction, our Project Managers have experience with build-to-suit, call centers, hotels, restaurants, educational, and medical facilities.

The team is actively involved in many industry associations as well as holds LEED AP accreditations, and other certifications in the state of Georgia and nationally.




Dennis Compton Mike Loy Michael Rice Bender Betbeze
Dennis Compton Mike Loy Michael Rice J. Bender Betbeze

Industrial and Supply Chain

Cresa Atlanta works with companies to develop real estate solutions that optimize the supply chain while controlling costs. Our industrial and supply chain specialists apply Cresa's proven methods and integrated services to locate, acquire, and develop industrial and logistics space, always striving to reach an outcome that exceeds the client’s requirements. We focus on helping our clients make real estate decisions that create leverage and lead to a competitive advantage. By solely representing the interests of tenants, Cresa is uniquely qualified to advise clients and advance their best interests in order to increase efficiency, speed time-to-market, improve service levels, and improve profitability.

Supply Chain Meets Real Estate

A warehouse isn’t just real estate. It’s a crucial link in your supply chain. As a pivot point for moving your goods around the country, its location cannot be haphazard.

And yet, warehouse space that truly fits your needs may be in short supply — at any given time, your options will most likely be limited.

Our consultants are known for taking a more holistic view of your entire supply chain. We know how the right real estate can add vital flexibility to your logistical needs, so we look beyond just rent to the equally important costs associated with transportation, fuel, and labor.

In short, we combine our considerable real estate savvy with an unmatched understanding of the broader issues of supply chain management. 

Manufacturing for Today’s World

In today’s business climate, there are any number of reasons to relocate your manufacturing facilities. Maybe you need to modernize your operations. Maybe you’re looking for a more capable workforce. Maybe you’re attracted to localities that offer economic incentives. Or maybe you’re “backshoring” — bringing your operations back from overseas.

Regardless of your reasons, our industrial experts have the knowledge and resources to address them. We work with manufacturers of all kinds, from metalworking and machine shops to the most advanced technology-driven facilities, from light assembly to precision medical device production.  We are thoroughly familiar with new trends in both engineering and production, and we can help you find a building ideally suited to the flexibility your operations now demand.  

Integrated Services

Once we’ve identified a course of action — whether for your supply chain or manufacturing needs — we then assemble the right combination of services to carry it out. From a single point of contact, we’ll coordinate an integrated team of specialists that can provide:
  • Supply Chain Consulting
  • Transaction Management
  • Project Management
  • Portfolio Strategies
  • Location Planning
  • Lease Administration
  • Capital Markets
  • Facilities Services

  • So don’t try to shoe-horn your industrial requirements into a space that’s not right for you. Talk to people with the experience and expertise to meet those requirements in an unbiased, strategically-sound manner. Call our Industrial Advisors at 404.257.8866.

    Selected Clients