Follow Cresa Atlanta

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 - Third Quarter 2014

    Supply
    89,988,886 SF
    Vacancy
    12.5%
    Absorption
    595,296 SF
    Avg. Lease Rate
    $3.18/SF
  • Buckhead Office

    Class A - Third Quarter 2014

    Supply
    16,013,288 SF
    Vacancy
    15.2%
    Absorption
    126,049 SF
    Avg. Lease Rate
    $28.67/SF
  • Buckhead Office

    Class B - Third Quarter 2014

    Supply
    4,631,731 SF
    Vacancy
    12.7%
    Absorption
    178,974 SF
    Avg. Lease Rate
    $19.88/SF
  • Central Perimeter Office

    Class A - Third Quarter 2014

    Supply
    21,686,019 SF
    Vacancy
    10.8%
    Absorption
    458,103 SF
    Avg. Lease Rate
    $24.41/SF
  • Central Perimeter Office

    Class B - Third Quarter 2014

    Supply
    9,131,884 SF
    Vacancy
    20.4%
    Absorption
    273,050 SF
    Avg. Lease Rate
    $18.47/SF
  • Chattahoochee

    Industrial - Third Quarter 2014

    Supply
    21,761,625 SF
    Vacancy
    5.2%
    Absorption
    1,073 SF
    Avg. Lease Rate
    $5.43/SF
  • Downtown Office

    Class A - Third Quarter 2014

    Supply
    16,559,269 SF
    Vacancy
    16.8%
    Absorption
    211,761 SF
    Avg. Lease Rate
    $18.91/SF
  • Downtown Office

    Class B - Third Quarter 2014

    Supply
    14,7299,324 SF
    Vacancy
    6.2%
    Absorption
    82,873 SF
    Avg. Lease Rate
    $16.27/SF
  • Duluth/Suwanee/Buford

    Industrial - Third Quarter 2014

    Supply
    47,331,806 SF
    Vacancy
    8.0%
    Absorption
    357,945 SF
    Avg. Lease Rate
    $4.45/SF
  • GA-316/Lawrenceville

    Industrial - Third Quarter 2014

    Supply
    19,089,029 SF
    Vacancy
    8.4%
    Absorption
    424,779 SF
    Avg. Lease Rate
    $4.09/SF
  • I-20W/Douglasville

    Industrial - Third Quarter 2014

    Supply
    42,029,440 SF
    Vacancy
    12.6%
    Absorption
    926,313 SF
    Avg. Lease Rate
    $3.56/SF
  • Kennesaw/Acworth

    Industrial - Third Quarter 2014

    Supply
    34,938,874 SF
    Vacancy
    8.3%
    Absorption
    440,254 SF
    Avg. Lease Rate
    $3.99/SF
  • Midtown Office

    Class A - Third Quarter 2014

    Supply
    16,505,413 SF
    Vacancy
    14.6%
    Absorption
    389,882 SF
    Avg. Lease Rate
    $26.54/SF
  • Midtown Office

    Class B - Third Quarter 2014

    Supply
    5,977,432 SF
    Vacancy
    12.3%
    Absorption
    54,787 SF
    Avg. Lease Rate
    $18.74/SF
  • Norcross

    Industrial - Third Quarter 2014

    Supply
    32,919,183 SF
    Vacancy
    12.2%
    Absorption
    102,075 SF
    Avg. Lease Rate
    $5.41/SF
  • North Fulton Office

    Class A - Third Quarter 2014

    Supply
    16,694,638 SF
    Vacancy
    15.3%
    Absorption
    266,211 SF
    Avg. Lease Rate
    $21.24/SF
  • North Fulton Office

    Class B - Third Quarter 2014

    Supply
    14,914,579 SF
    Vacancy
    14.8%
    Absorption
    95,684 SF
    Avg. Lease Rate
    $15.63/SF
  • North Fulton/Forsyth County

    Industrial - Third Quarter 2014

    Supply
    29,963,780 SF
    Vacancy
    8.8%
    Absorption
    493,611 SF
    Avg. Lease Rate
    $6.99/SF
  • Northwest Office

    Class A - Third Quarter 2014

    Supply
    18,117,229 SF
    Vacancy
    13.7%
    Absorption
    33,627 SF
    Avg. Lease Rate
    $22.33/SF
  • Northwest Office

    Class B - Third Quarter 2014

    Supply
    21,532,810 SF
    Vacancy
    18.9%
    Absorption
    216,490 SF
    Avg. Lease Rate
    $16.09/SF
  • South Clayton/Henry County

    Industrial - Third Quarter 2014

    Supply
    48,751,404 SF
    Vacancy
    11.9%
    Absorption
    2,275,777 SF
    Avg. Lease Rate
    $3.01/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
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
Jake Lee Elder, III Research Associate 404.446.1862
John Flack Principal 404.446.1594
Paula Fowler Senior Vice President, Operations 404.446.1589
Joseph Grace Principal 404.446.1578
Scott A. Hardeman Vice President 404.446.1863
Billy Hobbs Managing Principal 404.446.1579
Susan Holtz Operations Associate 404.446.1592
Cloteen B. Jasmin Senior Vice President, Corporate Solutions 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
Bogue Miller Principal 404.446.1575
Bob Misdom Principal 404.446.1598
Tim Moresco Senior Vice President 404.446.1595
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
Graham Roberts, J.D. Associate 404.446.1570
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 Senior Vice President 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   
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 - 200 Milton Park
11175 Cicero Drive
2nd Floor
Alpharetta, GA 30022
6,573 SF $15.00 FSG
Sublease: ALPHARETTA - 1335 Ridgeland Parkway
1335 Ridgeland Parkway
Building 2
Alpharetta, GA 30004
13,000 SF Below Market
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 - One Riverside
4401 Northside Parkway, NW
6th Floor
Atlanta, GA 30327
25,969 SF $14.00 FSG
Sublease: ATLANTA - Two Ravinia Drive
Two Ravinia Drive
Suite 960
Atlanta, GA 30346
7,867 SF $16.00 FSG
Sublease: ATLANTA - 1 Glenlake Parkway, NE
1 Glenlake Parkway, NE
3rd & 4th Floors
Atlanta, GA 30328
7,712 - 44,270 SF $18.50 FSG
Sublease: ATLANTA - 1300 Parkwood Circle
Parkwood Plaza
1300 Parkwood Circle
Suite 170
Atlanta, GA 30339
3,741 RSF $17.50 FSG
Sublease: DORAVILLE - 4194 Northeast Expressway
4194 Northeast Expressway
Suite F
Doraville, GA 30340
16,777 SF (8,076 SF office) Inquire
Sale: SANDY SPRINGS - 8607 Roswell Road
8607 Roswell Road
Sandy Springs, GA 30350
14,700 SF, ±1.4 acres $15.00 NNN
Sublease: SNELLVILLE - 1800 Tree Lane
1800 Tree Lane
Suite 180
Snellville, GA 30078
3,615 SF Negotiable
Sale: COMMERCE - East Jackson Industrial Park
362 Industrial Parkway
Commerce, GA 30529
43,750 SF SALE OR LEASE
Sale: DORAVILLE - 6915 Button Gwinnet Drive
6915 Button Gwinnet Drive
Doraville, GA 30340
60,200 SF Total (25,100± SF Available)
Sale: MARIETTA - Franklin Office Park
779 Franklin Road
Marrietta, GA 30067
6,424 SF on 2 Floors SALE PRICE: $495,000
Sale: NORCROSS - Crooked Creek Office Park
6244 Crooked Creek Road
Norcross, GA 30092
10,091 SF on 0.96 acres
Sale: NORCROSS - Peachtree Corners East
5924 Peachtree Corners East
Norcross, GA 30071
14,960 SF on 1.72 acres - 14,505 SF office space SALE
Sublease: ATLANTA - 400 Northpark
1000 Abernathy Road, NE
Suites 1550A and 1550B
Atlanta, GA 30328
8,962 - 10,911 RSF $22.00 FSG

Cresa Atlanta Blog

  • 10/27/2014Falcons Stadium May Be Long-Awaited Boon for Beleaguered Westside
      A recent meeting of CREW Atlanta provided attendees with an update on how Atlanta’s Westside communities will benefit from the planned new Falcons Stadium in their area. Some community members have been skeptical of claims that the stadium will revitalize their neighborhoods, but a number of prominent organizations are already working diligently to improve [...] Read More
  • 10/17/2014Would Your Real Estate Broker Tell You Not To Do A Deal?
          Has your real estate broker ever advised you not to sign a lease agreement? Have they recommended extending your lease for a while to give your business or the market time to stabilize? Have they suggested delaying a deal to gain leverage? If not, your broker may not have your best interests [...] Read More
  • 10/10/2014IN OCTOBER, CRESA CARES
    October is about more than trick-or-treating at Cresa—this month, we are holding our second annual fall fundraiser for Cresa Cares, Cresa’s official charity organization. Launched in 2013, Cresa Cares has already raised nearly $125,000 through its fall 2013 and spring 2014 fundraisers. After the spring fundraiser, we distributed $100,000 (retaining $25,000 as a one-time emergency [...] Read More
  • 10/3/2014Law Firms Join the Redesign Revolution
    Current economic, social, and technological trends have driven changes in office layouts to include more collaborative space, environmentally sustainable elements, new technological tools, and other features that reflect a rapidly evolving workplace. One sector, though, has been slow to embrace these changes: the legal profession, which tends to prefer the traditional to the contemporary. Law [...] Read More
  • 9/26/2014Will the Falcons Stadium Bring New Life to Downtown’s West Side?
    Big new stadiums often come with big promises to revitalize the areas surrounding the stadium site. The new stadium for the Atlanta Falcons, slated to open in 2017, is no exception.  The website dedicated to the stadium promises to bring “$400 million in total economic impact” to the city of Atlanta and to Georgia. Such [...] Read More
  • 9/19/2014The Braves Are Not The Only Game In Cobb
    The new Braves stadium – now officially known as SunTrust Park – broke ground this week, attracting much fanfare. But the stadium is just one of many construction projects in the Cumberland area that promise to bring substantial growth to Cobb County. A number of road and infrastructure improvements, several residential projects, and a mixed-use [...] Read More
  • 9/12/2014Understanding Landlord Ownership Strengthens Tenant Lease Negotiations
    When tenants are seeking to lease space in a commercial building, knowing who owns the building and what their motivation is for owning it can significantly strengthen the tenant’s negotiating position. Commercial buildings may be owned by a single entity, or a REIT (real estate investment trust); they may be managed by a “special servicer”; [...] Read More
  • 8/29/2014BUILDING CHARACTER THROUGH YOUTH SPORTS
    The 2014 Little League World Series this month captured the attention of sports fans and non-fans alike when Philadelphia’s Mo’ne Davis catapulted to stardom by becoming the first female to earn a win and to pitch a shutout in the history of the Little League World Series. The fourth American girl and eighteenth overall to [...] Read More
  • 8/22/2014Turning the Spotlight on Transportation Funding
    The Georgia State Legislature has turned special attention to transportation funding in advance of the 2015 session by appointing the Critical Transportation Infrastructure Funding Joint Study Committee (H.R. 1573). This 16-member committee is charged with: Studying “the conditions, needs, issues, and problems” related to transportation in Georgia Identifying new sources and methods of funding for [...] Read More
  • 8/15/2014Electric Cars Find Success in Atlanta
    In a surprise trend, electric cars are taking Atlanta by storm. Thanks in part to tax incentives and these vehicles’ suitability for commuter traffic, Atlanta recently surpassed Seattle to become the second-biggest market for electric vehicles, just after San Francisco. Of the top 14 cities for electric cars, Atlanta is the only city that is [...] Read More
More from Cresa Atlanta Blog

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