Saturday, May 14, 2011

MMM and Dewberry Capital Reach an Agreement; Lease Negotiations for the Top Six Floors in Campanile Building Underway

ATLANTA, GA – Morris, Manning & Martin, LLP and Dewberry Capital are pleased to announce they have reached an agreement to negotiate a lease for the Firm to take the top six floors of the Campanile Building (top left photo) in Midtown, subject to final agreement on specific terms. The move caps a search that has taken almost a year.

“We had many quality options to choose from in Downtown, Midtown and Buckhead, including renewing our lease at the Atlanta Financial Center,” said Morris, Manning & Martin Managing Partner Louise Wells (middle right photo).

“Each option presented us with compelling and difficult choices.  Ultimately, this landmark building’s prime location at the corner of 14th and Peachtree, Dewberry Capital’s proven track record and their commitment to renovate were pivotal factors in our decision.  This is a positive strategic move for us.”

Ridr Knowlton, Director of Office Development for Dewberry Capital, said details of the renovation will be made public in the next several weeks.  According to Knowlton, “Dewberry Capital is a long term owner of its assets.”  Knowlton added, “We pursue the best properties, in the best locations, and the prestige and quality of Morris, Manning & Martin is very consistent with that strategy.”

Morris, Manning & Martin’s headquarters have been in the Atlanta Financial Center in Buckhead since 1987, when the firm had just 26 lawyers.  The Firm currently has over 350 lawyers and staff.

“It was particularly difficult for the Firm to agree to leave Buckhead after 25 years and to relocate to Midtown, a decision we did not take lightly,” Wells added. “However, we feel strongly that this is the right move at the right time for us.”

The firm is negotiating to take roughly 140,000 square feet in the Campanile Building, compared to the almost 114,000 square feet it currently has in the Atlanta Financial Center.  Jones Lang LaSalle is representing Morris, Manning & Martin in its search for new office space.

 “While we remain very committed to Buckhead, the Firm believes that the Campanile Building better accommodates the future growth of the Firm,” said Sonny Morris, one of the Firm’s founding partners.

Media Contact: Terri Thornton, Thornton Communications
404-932-4347 (Cell),

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