Lease Up (May 9-15): Bain Capital, GE Expand
May 12, 2010
By: Andrew Deichler

... The U.S. General Services Administration leased 15,676 square feet of office space for 10 years in Smyrna, GA. One of the Navy's recruiting divisions will occupy 2400 Lake Park Drive, a 27-year-old, 103,962-square-foot, four-story building on 9.5 acres in the Cumberland/Galleria submarket. In April 2005, New Jersey-based real estate firm Denholtz Associates purchased the property from VEF V Atlanta Office Five LLC for $6.05 million, or about $58 per square foot. Renovations were completed between 2003 and 2005. Eric Weiss, a managing director, at Studley, represented the GSA. Michael Howell of Resource Real Estate Partners represented Denholtz. (By: Laurie Forbes)

Ubisoft has renewed its lease at its headquarters at 625 Third St. in San Francisco. The developer, publisher and distributor of interactive entertainment products extended its occupancy in the building under a new lease for seven years. The 42,429-square-foot office building, which includes classic brick and timber construction, was built in 1908 and upgraded in 1995. It is in San Francisco’s South of Market area and is owned by Capital & Counties USA, a subsidiary of Liberty PLC. Matt Hart, Steve Barker and Julia Wilhelm of Studley represented the tenant. J.D. Lumpkin, Bob Kraynak and Jon Dishotsky of Cushman & Wakefield of California represented the landlord. (By: Ryan Munneke). ...

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