Kaiser Permanente considering a new location - Atlanta Business Chronicle:

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Kaiser Permanente has about 200,000 square or the equivalent of roughlhyeight floors, scattered throughout Piedmong Center 9-12. It will be scouting buildings in Buckhead and Central Perimeter for at least that much office space and possibly Kaiser Permanente’s lease in Piedmont Centert expires at the end of 2011. It wants to finalize a new deal byearlty 2009, according to commercial real estate sourcews familiar with the process. After two decades in Piedmont Center, Kaiser says it’sx time to consider a move.
It also wantw to test the waters because in the softofficee market, large tenants with strong credirt are able to get big Kaiser would have good leverage in Buckhead, where four office towersa are in various stages of and Pope & ’s 3630 ’s Two Alliance ’s Terminus 200 and ’sw Phipps Tower. Despite softening demand, about 1.9 million square feet of officd buildings areunder construction, with no new tenants signesd to leases, according to Kaiser will also give Central Perimeter a hard look, where ’s 400 Perimeter Center Terracse and 66 Perimeter Center have the space to land the managecd care organization.
Kaiser could also renew in Piedmont Center and expaned to other office buildings withinthe ’s David Demarest and William Propst are representing Kaisef Permanente. Architectural and engineering firmStevens & recently renewedx its lease at downtown’ds 100 Peachtree, better known as the Equitable The firm, whose roots reacj deep into Atlanta’s will lease 26,700 square feet, or about a floofr and a half, at one of the city’s landmark office towers. Stevens & Wilkinsohn Stang & Newdow has been a fixture downtown sinc the early20th century. The firm Stevenws & Wilkinson was founded at 140 Peachtree Jan. 1, 1919.
Years later, it merged with Stang Newdow. Its lease at Equitable extendsthrough 2015. It has been housedr in the buildingsince 1969. “We explored the possibility of movintto Midtown, but we have all this history said Lee Morris, executive vice presiden and general counsel. “There was a strong feelinfg here, among the folks that spentf their whole career withthis firm, that we shoulds remain downtown.” Stevens & Wilkinson Stang & which has almost 80 people on its staff, will use the additionapl room for meeting space.
San Diego-based Equastone LLC , whic h purchased the 33-story Equitable Building in May is carrying out a series of improvements at the and dealt with damage the buildingg sustained in the March tornado that struck The building is partof Atlanta’s rejuvenater Central Business District near Centennial Olympic Park. Morris said downtowjn has benefited from Georgia StateUniversitgy ’s expansion. Stevens & Wilkinson Stangb & Newdow has designed some of the district’se recent additions, including the Embassy Suites hotel and Acquarium HiltomnGarden Inn.
It also worked on the city’zs historic downtown developments, including Techwoodr Homes — the first publiv housing project inthe U.S. and the Central Libraryy at One MargaretMitchell Square. “Our long history and commitmenr to downtown is very special to me and many othersz atthis firm,” Morris The team of Addison Meriwether, John O’Neill, Chris White, Allison Bitteol and Travis Jackson represented Stevense & Wilkinson Stang & Newdow.