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Retail developmentpat ChesseR
senior vice president, development
o: 770.913.3925 m: 404.229.6296
ackerman & co | 2
Tower Place, BuckheadDeveloped by Ackerman & Co.
Ackerman & Co. is a leading full-service commercial real estate company in the Southeast. Our clients count on us to provide them with innovative real estate solutions through our unparalleled expertise in brokerage, development, management and investment services.
Founded by Charles S. Ackerman in 1967, the privately held company maintains an in-house team of more than 100 real estate professionals whose extensive experience covers every aspect of the business. Consistent client focus, efficient management, aggressive sales and leasing, and exemplary tenant representation have positioned Ackerman as an Atlanta specialist with a strong national presence.
But it is our knowledge, flexibility, breadth, and experience that best prepare us to serve our clients today and in the future.
Industry Knowledge. Clients choose Ackerman because of our thorough understanding of commercial real estate. Whether you’re in the market for new office space or a distribution warehouse, our talented real estate experts utilize intimate, first-hand knowledge of the market place to deliver unique real estate solutions to exceed your expectations.
dynamIc FlexIbIlIty. Key to our success has been our ability to move quickly in meeting client demand in this evolving market place. Ackerman’s entrepreneurial spirit motivates our people to make smart decisions with spot-on results that can add thousands to your bottom line.
breadth oF expertIse. Our vast real estate expertise leads to excellent client results and lasting relationships. No matter the scope or complexity of your challenge, our experts in brokerage, development, management and investment will tailor value-add, real estate strategies to meet your business goals.
deep experIence. For nearly half a century, Ackerman has been a trusted industry leader and key player in Atlanta real estate with an impressive track record. Our seasoned executive management team is deeply rooted in the industry and serves on notable industry organizations. Under a sound leadership, the company has successfully navigated through decades of real estate cycles and remains financially strong.
ackerman overview
ackerman & co | 3
CrownPointe, PerimeterDeveloped by Ackerman & Co.
Experience and innovation set us apart from other owner/developers. We have successfully developed more than 100 properties across the Southeast and Mid-Atlantic including both urban and suburban commercial developments and inner-city redevelopments that are valued at more than $2.0 billion. Ackerman’s mixed-use projects, office buildings, medical office buildings, business parks, distribution facilities, retail centers, multi-family residential complexes, and hotels demonstrate our unique sensitivity to creating spaces that are aesthetically pleasing, marketable, appropriately scaled, and complimentary to the cultures of diverse communities.
With every project we undertake, whether developing a property for our own investment portfolio, as a joint venture, or on behalf of a fee client, we stay focused from start to finish on increasing the asset’s value and ensuring a maximum return on investment. our team of experienced professionals is known for innovative design that brings a human element to our projects, precise execution that insures deliveries are on time and on budget, and creative marketing that generates financial success.
Landowners rely on Ackerman’s expertise to develop infrastructure, subdivide and obtain zoning that will convert their large tracts of land such as Tramore Pointe into marketable outparcels. For companies such as Bectel, Clark Atlanta University, Colonial Bank, Dow Chemical, Federal Express, Fidelity Investments, Home Depot, Northwestern
Mutual, SunTrust Bank, Swissotel, Wachovia Bank, and Winn-Dixie, our services range from build-to-suits and construction management to multi-tenant and multi-use projects. Tenants, such as physician practices, in high-growth markets benefit from our ability to invest in and create developments such as Camp Creek Medical Center in Canton, Georgia, which deliver well-conceived, enduring projects that fulfill a need in the community. management team is deeply rooted in the industry and serves on notable industry organizations. Under a sound leadership, the company has successfully navigated through decades of real estate cycles and remains financially strong.
Ackerman is more than just a guiding hand throughout the development process. We are a team of experienced professionals that address the specific requirements of clients, demand excellence in planning and execution, and insist upon absolute accountability.
ackerman development
ackerman & co | 4
select developmentsDeveloped by Ackerman & Co. Office Buildings
abernathy 400 Sandy Springs, Ga
Abernathy 400 is a partnership between MARTA and Ackerman & Co., building the next great transit-oriented, mixed use development in the Central Perimeter of Atlanta. The partnership entitled an abandoned 12-acre parking lot for 580,000 square feet of office, 25,000 square feet of retail, 400 hotel rooms, and 150 condominium units. The residential component is being ventured with the Lane Companies, scheduled to complete by June 2009. Ackerman & Co. has commissioned Cooper Carry Associates to design 2 LEED silver buildings which will be situated at the front door of Atlanta’s largest and most diverse office submarket. Abernathy 400 will also be home to the next full service hotel built in the Central Perimeter.
Perimeter Town center atlanta, Ga
Ackerman & Co. redeveloped Perimeter Town Center – a 20-acre office site on the corner of Peachtree Dunwoody Road and Hammond Drive. Formerly known as Corporate Campus, this site is home to fourteen 2-story medical office buildings. Over time, these buildings, in this prime location, will be replaced with new, mixed use structures designed to lead the rapidly urbanizing Central Perimeter. In August 2008, Ackerman delivered an additional 200,000 SF of medical office over retail space in two cutting-edge buildings, plus an additional 630-park precast garage. These unique buildings were designed specifically to cater to the conve-nience of physicians and their patients. The partners of Perimeter Town Center are currently venturing to building 160 boutique hotel rooms, along with 470 living units in an active senior high-rise.
one West court Square Decatur, Ga
Located on Ponce de Leon Avenue in Downtown Decatur adjacent to the Decatur MARTA Station, this building rises seven stories with approximately 148,500 square feet of net rentable area. The structure is steel frame, aluminum spandrel curtain wall with insulated glazing. Upon completion, the project was 95 percent leased.
ackerman & co | 5
select developmentsDeveloped by Ackerman & Co. Mixed-Use Projects
Washingtonian center Gaithersburg, mD
Washingtonian Center, located in Gaithersburg, Maryland, is a large mixed-use development that includes 3.3 million square feet of office space, 400,000 square feet of retail space, an 800-room hotel and more than 1,400 residential units. The project is situated on 212 acres along Interstate 270 in Montgomery County just outside of Washington, D.C.
crown Pointe atlanta, Ga
Crown Pointe is a 1,000,000 square-foot, mixed use, Class A development in Atlanta’s largest premier submarket, the Central Perimeter area. The project merges multiple uses in a natural, people-oriented design that includes two office buildings (500,000 square feet), an Embassy Suites Hotel (241 rooms), a retail banking facility and a fine dining restaurant.
Tower Place atlanta, Ga
Tower Place, located in Atlanta, Georgia, is a 1.1 million square foot, multi-use development. Completed in 1975, the project consists of one 29-story office tower, a 230-room hotel, a six-story office building (656,000 square feet), and an 111,000 square-foot retail mall. It has received numerous architectural awards both nationally and internationally and is one of the most uniquely engineered office buildings in the South.
ackerman & co | 6
select developmentsDeveloped by Ackerman & Co. Shopping Centers
midtown Promenade atlanta, Ga
This neighborhood shopping center was built in a style to complement the historic architecture of the surrounding neighborhoods of Midtown and Virginia-Highland. The first phase, comprises 64,000 square feet and opened in Spring 1985. It is home to a variety of restaurants and shops, including Tuesday Morning. Phase II was completed in December 1987 and is anchored by Landmark Theaters (Midtown Arts Cinema). The complex also contains 21,000 square feet of in-line retail space.
milstead crossing conyers, Ga
Milstead Crossing is a 640,000 square-foot neighborhood shopping center anchored by a state-of-the-art grocery store. The project also includes in-line retail space and a Wendy’s restaurant. The center is located at the intersection of Sigman Road and Georgia 20 near Rockdale County Hospital. The shopping center was completed in December 1998.
rio Shopping center atlanta, Ga
Rio was a shopping and entertainment complex in the central area of Atlanta, Georgia. The project was designed by the internationally recognized architectural firm, Arquitectonica, and it featured 120,000 square feet of retail and dining facilities. RIO was the first free-standing complex of its kind to be built in central Atlanta in more than twenty years. RIO was awarded “The Best New Development - Retail” award by the Atlanta Business Chronicle. Business Week selected RIO for “The Best of Architecture” award in 1988 and the Fulton County Developers Award was presented to RIO for best new retail project - 1988.
ackerman & co | 7
Patrick ChesserSenior Vice President, Development
O: 770.913.3925M: 404.229.6296 E: [email protected]
eXPerTISe
pat joined ackerman & Co. in 2003, bringing a unique blend of finance, transaction, and mixed-use development experience to the firm. pat focuses primarily on build-to-suits, sales, and development of property within the ackerman inventory in addition to pursuing other assets. Recently, he entitled and sold land for 350 apartments at high watermark pricing in the Central perimeter submarket of atlanta.
Currently, pat oversees the future development of over 2 million square feet of office, retail, condominium, and hotel combined on several key sites in Central perimeter. he plays an integral role in creating and maintaining profitable joint venture partnerships for development and acquisitions. in 2004 and 2005, he led acquisition teams that purchased 500,000 square feet of office in Central perimeter and added over 2 million square feet of entitlement through successful rezoning.
Before ackerman & Co., pat worked with trammell Crow Company as an exclusive owner’s Representative for emC Corporation, and Cisco systems where he managed build-to-suit throughout north america. he also worked with one of atlanta’s premier commercial builders, managing and estimating several landmarks projects in and around sandy springs and Central perimeter.
ProFeSSIonaL aFFILIaTIonS
leed accredited professionalnaiop Chapter - Chairpersonsandy springs economic advisory - Board of directorssandy springs Chamber of Commerce - Board of directorsheritage Center - Board of directors atlanta Commercial Board of Realtors - membernational association of Realtors (naR) & Georgia association of Realtors (GaR) - memberinternational Council of shopping Centers (iCsC) - memberholy innocents episcopal Church - member and school parent
2907 Watson BoulevardGalleria Mall | Warner Robins, GA 31088
LARRY WOOD 770.913.3902 | 404.406.9462
www.ackermanco.net
©2012 Ackerman & Co. All rights reserved. While we have no reason to doubt the accuracy of the information provided from sources we deem reliable, we cannot guarantee it and therefore assume no liability for errors, omissions or changes to this content.
PRIME OUTPARCEL SITE AVAILABLE
SPACE AVAILABLE 30,000 ± SF Pad Site
HIGHLIGHTS
Build-to-suit, ground lease, sale Pad site adjacent to Planned Academy Sports &
Outdoors, Target, Longhorn Steakhouse and Zaxby’s Heavy concentration of major retailers Site located directly across the street from Galleria Mall Superior street visibility Daily traffic count: 25,640 vehicles per day Near Warner Robins Airforce Base — Georgia’s single
largest employer
Atlanta
Athens
Macon
Warner Robins
16
LARRY WOOD 770.913.3902 | 404.406.9462
www.ackermanco.net
©2012 Ackerman & Co. All rights reserved. While we have no reason to doubt the accuracy of the information provided from sources we deem reliable, we cannot guarantee it and therefore assume no liability for errors, omissions or changes to this content.
DEMOGRAPHICS
TRADE AREA DRIVE TIME
5 Min 10 Min 15 Min
Population 15,007 74,107 114,299
Households 6,117 29,138 42,929
Median HH $54,104 $54,237 $56,670
VICINITY OUTPARCEL DEVELOPMENTS
McDonald’s Longhorn Steakhouse Rite-Aid
Wendy’s Craker Barrell O’Charley’s
Zaxby’s Steak and Shake IHOP
FATZ Cafe Panera Bread Waffle House
Logan Roadhouse Outback Steakhouse Cheddar’s
2907 Watson BoulevardOutparcel Site Available: 30,000 ± SF Pad Site
AREA RETAIL AERIAL
Galleria MallWarner Robins, Georgia 31088
LARRY WOOD 770.913.3902 | 404.406.9462
www.ackermanco.net
©2012 Ackerman & Co. All rights reserved. While we have no reason to doubt the accuracy of the information provided from sources we deem reliable, we cannot guarantee it and therefore assume no liability for errors, omissions or changes to this content.
SITE
2907 Watson BoulevardOutparcel Site Available: 30,000 ± SF Pad Site
SITE PLANS
Galleria MallWarner Robins, Georgia 31088
SITE
400
19 285
Peachtree Dunwoody R
d
Abernathy Rd
Mt Vernon Rd
Hammond Dr
Ashford D
unwoody R
d
Glenridge D
r
Johnson Ferry Rd
Cham
blee Dunwoody Rd
Lake Hearn Dr
Abernathy 400
©2012 Ackerman & Co. All rights reserved. While we have no reason to doubt the accuracy of the information provided from sources we deem reliable, we cannot guarantee it and therefore assume no liability for errors, omissions or changes to this content.
SITE
Abernathy Road
400
available
6,563 SF Build-To-Suit Opportunity
highlights
� Great Signage Opportunity
� Superior Location | GA-400 and Abernathy Road
� Mixed Use Development with Office, Retail, Hotel and Condominiums
� Proximity to MARTA Rail Stop
abernathy 400Intersection of Abernathy Road and GA-400 | Atlanta, GA 30328
frank farrell 770.913.3948 | [email protected]
www.ackermanco.net
buildto suit
abernathy 400Build-to-Suit Opportunity: 6,563 SF
site plan / circulation zoning diagram
Intersection of Abernathy Road and GA-400Atlanta, Georgia 30328
www.ackermanco.net
frank farrell 770.913.3948 | [email protected]
HH
H
Perimeter Ctr W
400
Exit 4BExit 4A
Exit 4C Exit 4C
400TOLL
Exit 3
PerimeterTown Center
Glenridge C
onn
Glenridge Dr
St Joseph’sHospital
NorthsideHospital
Children’s Healthcare of Atlanta
Perimeter Mall
Peachtree Dunw
oody RdHammond Dr
Ashford Dunw
o ody Rd
Perimeter Town Center1140K & 1150E Hammond Drive | Atlanta, Georgia 30328
©2012 Ackerman & Co. All rights reserved. While we have no reason to doubt the accuracy of the information provided from sources we deem reliable, we cannot guarantee it and therefore assume no liability for errors, omissions or changes to this content.www.ackermanco.net
FIRST GENERATION MEDICAL SUITES FOR LEASE
SPACE AVAILABLE 2,000 - 12,841 SF
LEASE RATE $26.50/SF
HIGHLIGHTS
At the corner of Peachtree Dunwoody Road and Hammond Drive, close to I-285 and GA 400 Near St. Joseph’s, Northside, and Children’s Healthcare of
Atlanta hospitals Within walking distance to Sandy Springs MARTA station Free surface and deck parking with direct access to
each floor On-site management and maintenance On-site retail amenities, include Uncle Julio’s, Figo Pasta,
Rising Roll, Gigi’s Cupcakes & Goddard School day care
JOSH BAINE770.913.3923
GWEN WEGMAN770.913.3935
© 2012 Ackerman & Co. All rights reserved.
For more inFormation, please contact:
Pat Chesser senior Vice President, Development O: 770.913.3925 M: 404.229.6296 e: [email protected]
