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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 - Fourth Quarter 2014

    Supply
    91,605,352 SF
    Vacancy
    11.4%
    Absorption
    2,991,178 SF
    Avg. Lease Rate
    $3.22/SF
  • Buckhead Office

    Class A - Fourth Quarter 2014

    Supply
    16,089,750 SF
    Vacancy
    14.2%
    Absorption
    409,386 SF
    Avg. Lease Rate
    $29.28/SF
  • Buckhead Office

    Class B - Fourth Quarter 2014

    Supply
    2,588,469 SF
    Vacancy
    11.5%
    Absorption
    58,340 SF
    Avg. Lease Rate
    $21.55/SF
  • Central Perimeter Office

    Class A - Fourth Quarter 2014

    Supply
    21,657,655 SF
    Vacancy
    10.5%
    Absorption
    577,336 SF
    Avg. Lease Rate
    $25.16/SF
  • Central Perimeter Office

    Class B - Fourth Quarter 2014

    Supply
    9,080,547 SF
    Vacancy
    20.1%
    Absorption
    302,721 SF
    Avg. Lease Rate
    $18.96/SF
  • Chattahoochee

    Industrial - Fourth Quarter 2014

    Supply
    21,739,515 SF
    Vacancy
    5.3%
    Absorption
    (34,679) SF
    Avg. Lease Rate
    $5.59/SF
  • Downtown Office

    Class A - Fourth Quarter 2014

    Supply
    16,559,269 SF
    Vacancy
    16.2%
    Absorption
    246,054 SF
    Avg. Lease Rate
    $19.33/SF
  • Downtown Office

    Class B - Fourth Quarter 2014

    Supply
    14,729,324 SF
    Vacancy
    6.1%
    Absorption
    95,863 SF
    Avg. Lease Rate
    $16.19/SF
  • Duluth/Suwanee/Buford

    Industrial - Fourth Quarter 2014

    Supply
    47,301,979 SF
    Vacancy
    7.3%
    Absorption
    717,110 SF
    Avg. Lease Rate
    $4.33/SF
  • GA-316/Lawrenceville

    Industrial - Fourth Quarter 2014

    Supply
    19,088,961 SF
    Vacancy
    7.5%
    Absorption
    596,444 SF
    Avg. Lease Rate
    $4.13/SF
  • I-20W/Douglasville

    Industrial - Fourth Quarter 2014

    Supply
    42,384,579 SF
    Vacancy
    9.3%
    Absorption
    2,492,065 SF
    Avg. Lease Rate
    $3.78/SF
  • Kennesaw/Acworth

    Industrial - Fourth Quarter 2014

    Supply
    35,030,886 SF
    Vacancy
    6.5%
    Absorption
    1,063,150 SF
    Avg. Lease Rate
    $4.17/SF
  • Midtown Office

    Class A - Fourth Quarter 2014

    Supply
    16,755,808 SF
    Vacancy
    17.0%
    Absorption
    504,741 SF
    Avg. Lease Rate
    $26.21/SF
  • Midtown Office

    Class B - Fourth Quarter 2014

    Supply
    5,265,083 SF
    Vacancy
    13.2%
    Absorption
    44,960 SF
    Avg. Lease Rate
    $18.98/SF
  • Norcross

    Industrial - Fourth Quarter 2014

    Supply
    32,656,351 SF
    Vacancy
    11.2%
    Absorption
    404,507 SF
    Avg. Lease Rate
    $5.40/SF
  • North Fulton Office

    Class A - Fourth Quarter 2014

    Supply
    16,745,084 SF
    Vacancy
    15.1%
    Absorption
    398,072 SF
    Avg. Lease Rate
    $21.41/SF
  • North Fulton Office

    Class B - Fourth Quarter 2014

    Supply
    14,916,442 SF
    Vacancy
    14.1%
    Absorption
    210,020 SF
    Avg. Lease Rate
    $15.92/SF
  • North Fulton/Forsyth County

    Industrial - Fourth Quarter 2014

    Supply
    29,791,426 SF
    Vacancy
    8.5%
    Absorption
    517,648 SF
    Avg. Lease Rate
    $7.26/SF
  • Northwest Office

    Class A - Fourth Quarter 2014

    Supply
    15,991,313 SF
    Vacancy
    15.8%
    Absorption
    (477,987) SF
    Avg. Lease Rate
    $22.81/SF
  • Northwest Office

    Class B - Fourth Quarter 2014

    Supply
    10,761,637 SF
    Vacancy
    22.1%
    Absorption
    166,738 SF
    Avg. Lease Rate
    $16.23/SF
  • South Clayton/Henry County

    Industrial - Fourth Quarter 2014

    Supply
    48,796,189 SF
    Vacancy
    12.3%
    Absorption
    2,061,790 SF
    Avg. Lease Rate
    $2.95/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
Scott A. Hardeman Vice President 404.446.1863
Billy Hobbs Managing Principal 404.446.1579
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
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
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 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   
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 Alliance Center
3560 Lenox Road
30th Floor
Atlanta, GA 30326
9,079 SF (will not subdivide) $33.00/SF Full Service
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
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
Sale: SALE: WEST ATLANTA
1212 Collier Road, NW
Atlanta, GA 30318
Land Size: .42 Acres
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 - 5909 Peachtree Dunwoody Road
5909 Peachtree Dunwoody Rd., NE
Atlanta, GA 30328
3,993 SF on 4th Floor $23.00/SF Full Service
Sublease: ALPHARETTA - Preston Ridge IV
3440 Preston Ridge Road
Suite 150
Alpharetta, GA 30005
Total of 6,214 SF | Suite 150 - 1,507 - 6,214 SF $20.00/SF Full Service
Sublease: ATLANTA - Ashwood Office Park
900 Ashwood Parkway
Atlanta, GA 30338
7,225 RSF Divisible to 1,819 RSF or 2,871 RSF 17.50
Sublease: ATLANTA - Northside Tower
6065 Roswell Road, NE
Atlanta, GA 30328
744 SF Negotiable
Sublease: ATLANTA - The Biltmore
817 W Peachtree St, NW
Suite 500
Atlanta, GA 30308
14,766 SF Negotiable
Sale: NORCROSS - 2175 Royal Palm Court
2175 Royal Palm Court, NW
Norcross, GA 30071
8,340± SF SALE PRICE: $520,000 LEASE RATE: $5.50 NNN
Sale: SALE: ATLANTA
3218 Marjan Drive
Atlanta, GA 30340
12,376± SF (2,000± Office)
Sale: SALE: MARIETTA (ATLANTA)
775 Franklin Road
Marietta, GA 30067
Sale: SALE: MARIETTA (ATLANTA)
340 Franklin Road
Marietta, GA 30067
Land Size: ±3.72
Sublease: ALPHARETTA - 4501 Northpoint Pky
4501 Northpoint Pky.
Alpharetta, GA 30022
11,983 SF (will not subdivide) $17.00/SF Full Service
Sublease: ATLANTA - Glenridge Highlands One
Glenridge Highlands One
5555 Glenridge Connector
Atlanta, GA 30342
7,737 SF (will not subdivide) $15.00/SF Full Service

Cresa Atlanta Blog

  • 3/27/2015Development Within West Midtown Heating Up
    The West Midtown submarket—sometimes referred to as Atlanta’s Westside—has gotten hotter and hotter over the past few years, and it’s showing no sign of cooling off. A number of significant projects are in the works in West Midtown, which is generally defined as the area bordered to the east by Northside Drive and Georgia Tech, [...] Read More
  • 3/20/2015Transportation Funding Bill on the Road Toward Passage
    This month, Georgia’s farthest-reaching transportation bill in years advanced a few more steps toward passage by the state legislature. The bill, known in its current form as House Bill 170, aims to address the state’s $1+ billion shortfall in funding for the maintenance and modernization of Georgia’s roads and bridges. House Bill 170 proposes changes [...] Read More
  • 3/13/2015The Port of Savannah is Poised for Greatness
    At last week’s CREW Atlanta meeting, speakers from France Media, Inc., The Rockefeller Group, the Georgia Ports Authority, and Jones Lang Lasalle discussed how improvements to the Port of Savannah are benefiting Atlanta and the surrounding region. The Port of Savannah is the largest container port in North America and the fourth-busiest and fastest-growing port [...] Read More
  • 3/6/2015Cresa, CoreNet, and Junior Achievement: Building the Next Generation of Entrepreneurs
    As part of Cresa Atlanta’s ongoing commitment to the metro-Atlanta community, we are a proud sponsor of CoreNet—the world’s leading association for corporate real estate—and its Community Reinvestment Challenge (CRC), in which CoreNet members invest their talents, resources and actions in local community service initiatives. One way that the Atlanta chapter of CoreNet upholds its [...] Read More
  • 2/27/2015The Year of the Comeback: Construction and Development Trends in 2015
    Bisnow Media, a multi-platform digital media company focusing on commercial real estate, recently held an Atlanta event featuring two panels of industry players who spoke about construction and development trends in Atlanta.  The panelists predicted a decided uptick in project activity in Atlanta in 2015.   Construction Trends Construction companies represented on the first panel [...] Read More
  • 2/20/2015And Now, The Next Wave: GENERATION Z
    Much has been written, discussed, and designed by companies seeking to attract the highly sought-after Millennial generation.  (Just type “Millennial” into the search engine at right to link to some of Cresa Atlanta’s many Millennial-related blogs.) Many businesses have spent considerable sums to locate to urban, “walk-able” areas and to design or redesign their offices [...] Read More
  • 2/13/2015The Features, Function, and Benefits of CIDs
    What would Atlanta be without Community Improvement Districts, otherwise known as “CIDs?” CIDs have played a major role in the development of Atlanta’s many submarkets. Last week’s CREW (Commercial Real Estate Women) meeting featured speakers from three of the metro area’s most prominent CIDs: Cumberland, North Fulton, and Perimeter. Cumberland CID representatives included Chairman Tad [...] Read More
  • 2/6/2015The Braves’ Move Heats Up the Cumberland/Galleria Submarket
    Thanks to the Atlanta Braves’ plans to move to Cobb County, the Cumberland/Galleria sub-market is hopping these days. Potential tenants and developers are attracted not so much by the new stadium itself, but by the mixed-use development that will surround it. The development—which will encompass over a million square feet of retail, office, restaurant, hotel, [...] Read More
  • 1/30/2015Luring Data Centers to Georgia
    As companies of all sizes and even the government rely increasingly on “big data” and cloud computing, data centers are springing up all over the country. Data centers—which can be as large as a shopping mall—house large groups of networked servers and other hardware that store, manage, and disseminate data. Demand for these centers is [...] Read More
  • 1/23/2015In the Quest for Millennials, Tech Companies are Migrating to Midtown
      The Millennials are at it again. They are not only transforming office design and driving transportation trends, but also prompting a reversal of Atlanta’s long-term expansion into the suburbs.  Major tech-focused companies are now moving to Midtown to take advantage of the live-work-play opportunities and talent pool available there. The latest and perhaps most [...] 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