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November 6, 2009

Cox Leases Four Floors at Ackerman Tower

ATLANTA (Nov. 6, 2009) – In one of Atlanta’s largest office deals of the year, Cox Enterprises Inc. has signed a lease for 94,800 square feet at Ackerman’s 9000 Central Park in the Perimeter area.

Atlanta’s largest private company and one of the region’s largest employers, Cox will use the 206,000-square-foot Class A tower as future expansion space for its corporate offices adjacent to its headquarters at 6205 Peachtree Dunwoody Road.  The deal comes two years after Ackerman & Co. purchased 9000 Central Park in one of the most watched real estate transactions in America – when the former Equity Office Properties sold its entire real estate holdings in Atlanta to Rubenstein, which then flipped 9000 Central Park to Ackerman.

John Shlesinger, Vice Chairman of CB Richard Ellis Co. in Atlanta, brokered the deal for Cox.  Frank Farrell and Gwen Wegman, both Senior Vice Presidents of Ackerman, represented the landlord.

“It became an attractive choice for Cox to select 9000 Central Park,” said Kris Miller, President of Ackerman & Co.  “The layout, design, free parking, proximity to MARTA and its easy access to both Interstate 285 and Georgia 400 were compelling features for the company.”

The Perimeter area of Atlanta is home to Cox Enterprises headquarters staff as well as headquarters for its four major operating subsidiaries: Cox Communications, Manheim, Cox Media Group and AutoTrader.com.

 

— ABOUT ACKERMAN —

Headquartered in Atlanta, Ackerman & Co. is one of the oldest full-service commercial real estate companies in the southeastern United States. Our expertise in four primary disciplines — brokerage, development, investment and management — enables us to quickly and effectively respond to our clients and create value through innovative real estate solutions.