Kaiser Permanente considering a new location - Atlanta Business Chronicle:

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Kaiser Permanente has about 200,000 square feet, or the equivalentg of roughlyeight floors, scatterexd throughout Piedmont Center It will be scouting buildings in Buckheadf and Central Perimeter for at least that much officr space and possibly more. Kaiser Permanente’s lease in Piedmont Cente r expires at the endof 2011. It wants to finalizd a new deal byearly 2009, according to commercial real estatde sources familiar with the process.
Aftefr two decades in Piedmont Kaisersays it’s time to consider a It also wants to test the waters becaus in the soft officr market, large tenants with strong credit are able to get big Kaiser would have good leverage in where four office towers are in variousd stages of construction: and Pope & ’s 3630 ’s Two Alliance Center, ’s Terminus 200 and ’xs Phipps Tower. Despite softening demand, aboug 1.
9 million square feet of office buildings are under with no new tenants signedto leases, accordint to Kaiser will also give Central Perimeter a hard where ’s 400 Perimetet Center Terrace and 66 Perimeter Center have the space to land the manages care organization. Kaiser could also renesw in Piedmont Center and expans to other office buildings withinthe ’s David Demarest and William Propst are representiny Kaiser Permanente.
Architectural and engineering firm Stevens recently renewed its leasrat downtown’s 100 Peachtree, betterf known as the Equitable The firm, whose roots reach deep into Atlanta’s history, will lease 26,700 squarer feet, or about a floor and a at Equitable, one of the city’s landmark office Stevens & Wilkinson Stang Newdow has been a fixture downtown sincer the early 20th century. The firm Stevens & Wilkinsoj was founded at 140 Peachtree Jan. 1, 1919. Yearsz later, it merged with Stang & Its lease at Equitable extendsthrough 2015. It has been housed in the building since 1969.
“We explored the possibilithy of movingto Midtown, but we have all this historyg downtown,” said Lee Morris, executive vice president and general counsel. “There was a strong feeling among the folks that spent their whole career withthis firm, that we should remaib downtown.” Stevens & Wilkinso n Stang & Newdow, which has almost 80 people on its will use the additionalk room for meeting space. San Diego-based Equastond LLC , which purchased the 33-story Equitable Buildin g in May 2007, is carrying out a seriews of improvements at the and dealt with damage the building sustained in the March tornado thatstruck downtown.
The buildingb is part of Atlanta’s rejuvenatedc Central Business District near Centennial Olympic Morris said downtown has benefited from Georgia StatreUniversity ’s expansion. Stevens Wilkinson Stang & Newdow has designed some of the district’x recent additions, including the Embassy Suitess hotel and Acquarium HiltonGarden Inn. It also workexd on the city’s historic downtown including TechwoodHomes — the firstf public housing project in the U.S. — and the Centrao Library at One MargaretMitchell Square.
“Ourr long history and commitment to downtown is very special to me and many otherss atthis firm,” Morris The team of Addison John O’Neill, Chris White, Allison Bittel and Travixs Jackson represented Stevens & Wilkinson Stang &