ATR NEWS....
FOR IMMEDIATE RELEASE
November 2007
THE MILLER RICHMOND COMPANY
REPRESENTS 68,000 SQUARE FEET OF TENANTS AT CENTER POINTE
Atlanta, GA (October 29, 2007) – The
Miller Richmond Company, an Atlanta-based commercial real
estate brokerage firm, is pleased to announce that it has successfully
negotiated 68,000 square feet of
leases for three tenants at Center Pointe, a 355,000 square foot
Class A office project located at 1100
Johnson Ferry Road in Sandy Springs. The three Miller Richmond
clients include Reproductive Biology
Associates (for 25,000 square feet), Georgia Cancer Specialists
(for 24,300 square feet) and Obstetrics& Gynecology
of Atlanta (for 18,700 square feet).
Each of these clients executed
its lease in conjunction with the recently announced re-development
of
Center Pointe by Duke Realty Corporation’s healthcare real
estate division, BremnerDuke. In June of this
year, BremnerDuke acquired the two-building complex located adjacent
to Saint Joseph’s Hospital and
across the street from Northside Hospital and Children's Healthcare
of Atlanta at Scottish Rite. Given this
location, Duke acquired the project with the intent of converting
it into a medical office facility.
According to David Rubenstein, Principal
with the Miller Richmond Company, “BremnerDuke’s
track record for medical development and its financial commitment
to converting the project were key factors
for the practices we represented. Each was facing a number
of physical challenges in their current space
ranging from design inefficiency and lack of building amenities
to limited adjacent parking and patient
inaccessibility. Center Pointe offered them the chance to secure
highly functional clinical space in a
newly renovated building with excellent parking and access
well into the future. Additionally, given the
current scarcity of large blocks of space in the ‘Pill
Hill’ area, we believed Center Pointe represented an
ideal relocation opportunity.”
The first of these three tenants will move into the project
first quarter of 2008.
About The Miller Richmond Company
The Miller Richmond Company (www.millerrichmond.com) is
a twenty-three year-old commercial real
estate brokerage firm based in Atlanta, GA. The firm specializes
exclusively in tenant representation for
office, industrial and healthcare real estate transactions.
The firm is a member of The Alliance of Tenant
Representatives (ATR), a national real estate brokerage
network of tenant representative specialists.
For more information, contact:
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