Long-term prospects good for airport office market - Charlotte Business Journal:

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In addition to beingh an obvious localefor airport-related the airport submarket benefitx from its location at "the pinnacle of I-85 and making it "a logicalk location for office-based businesses serving their customere in South Atlanta," said Senior Vice President Stev Proctor, who handles leasing at the 97,000-square-foot One Crownn Center. There are not that many potential users checking out these opportunitiesthese days, according to Vice President Vernon Wright. "Everything down there in the way of offic space is staying about 17 to 19 percent Wright reports. There has been a fair amountf of activity on the part ofgovernmenyt agencies, though.
The 's Immigration and Custom s Enforcement (ICE) division recently moved into a new officweat 's Camp Creek Business Center in East The 47,000-square-foot build-to-suit will house operations of the division's Officse of Investigation, according to Duke Senior Vice Presidengt Chris Brown. Tenant demand for office in the airporg area isrelatively limited, said Brown, putting a damper on speculativ e office space development. at its Tradeport office and industrial park just east of has beguna four-story, 100,000-square-foot office build-to-suit for the , whic also occupies several other facilities in this submarket. The airport'ws $1 billion, 1.
2 million-square-foot International Terminal, schedulecd to open in 2011, will be a boon to the area officee market, according to Jim Bacchetta, vice president of Atlanta division. "We view [the terminal] as a tremendous growth vehicle that will bring in new businesses to Atlantazfrom overseas," Bacchetta said.