For Immediate Release
Arnall Golden Gregory Announces Move to New Atlantic Station Mixed-Use Development
ATLANTA, July 16, 2002 – One of Atlanta’s largest law firms announced plans today to move to Atlantic Station, a 140-acre mixed-use property being developed by Jacoby Development, Inc.
Arnall Golden Gregory LLP, which has been a tenant in Midtown's One Atlantic Center since 1994, will move to Atlantic Station, also in Midtown, in October of 2004. Plans call for AGG initially to occupy 135,000 square feet, allowing the 130-attorney firm to house its current staff and allow for the expansion of its practice.
"Atlantic Station is not only an exciting and noteworthy development for Atlanta, but it represents a vision that captures the same entrepreneurial spirit that we cater to," said William H. Kitchens, managing partner at AGG. "We think it will be a wonderful environment for our people, offering an exceptional business climate and the additional amenities of a mixed-use development. We are enthusiastic about being involved on the front end of a project that offers such significant advantages to the city at large and Midtown in particular."
"Arnall Golden Gregory's plans to move to Atlantic Station is a win-win situation. We are proud to have such a high caliber tenant, and AGG's employees will reap the benefits of working in a mixed-use environment," states Charles Brown, vice chairman of Atlantic Station who is in charge of office leasing.
"Combined with the recent lease agreement with SouthTrust, we have now leased 50 percent of this building--a remarkable accomplishment in what's being deemed a sluggish office market," Kevin Fitzpatrick, President of AIG Global Real Estate.
John Dolan and Bubba Chrismer of Trammell Crow Company represented AGG in the transaction, partnering with legal industry specialists Art Santry and Dale Martin of Trammell Crow's Washington, D.C., office.
"Of the many opportunities we evaluated for AGG, Atlantic Station clearly emerged as the right decision based upon the objectives of the firm," Dolan said.
Added Chrismer: "The disciplined methodology we applied to the search made the decision-making process much more manageable for a firm of this size and stature."
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The new office building, being developed by AIG Global Real Estate Investment Corp., a member company of American International Group, Inc. (AIG),
will be located at the entrance to Atlantic Station on the northwest corner of the new 17th Street bridge and Interstate 75/85. The team that has been assembled for the development of Atlantic Station’s first office building includes not only AIG Global Real Estate but CRB Realty, which will lead the leasing; Smallwood, Reynolds, Stewart, Stewart and Associates, Inc., architects; and Atlanta Capital Properties, a real estate development management firm.About Atlantic Station
The Atlantic Station project is a 140-acre environmental redevelopment and reclamation of the former Atlantic Steel Mill at the nexus of interstates 75 and 85 in Midtown Atlanta. Scheduled to open in autumn 2003, the development is ultimately projected to include 12 million square feet of retail, office, residential and hotel space as well as 11 acres of public parks. For more information, visit
www.atlanticstation.comAbout Arnall Golden Gregory
Arnall Golden Gregory provides innovative legal and business counsel to entrepreneurial and growing businesses. With more than 130 attorneys in Atlanta and Macon, Georgia, the firm offers a wide range of services and takes pride in building lasting relationships with its clients, a diverse business and industry group with local, national and international interests. For more information, visit
www.agg.com or call 404.873.8500.About Trammell Crow Company
Trammell Crow Company was founded in 1948 and is one of the largest full service commercial real estate services companies in the United States, providing tenant representation, property/facility management, investment services, project leasing, development, project management, and outsourcing services to both investors in and users of commercial real estate. Trammell Crow Company is traded on the New York Stock Exchange under the ticker symbol "TCC" and is located on the World Wide Web at
www.trammellcrow.com.About AIG Global Real Estate Investment Corp.
AIG Global Real Estate Investment Corp. is a member company of American International Group, (AIG)
is the world's leading U.S.-based international insurance and financial services organization, the largest underwriter of commercial and industrial insurance in the United States, and among the top-ranked U.S. life insurers.###
Media Contacts:
Kristen Stone
Edelman, 404-832-6778
kristen.stone@edelman.com