"In 1998 the building was 80% vacant in an area that was poppin'," developer Tom Stacy tells GlobeSt.com. "We stripped it out and now it has an eclectic look. Then high-tech companies targeted it and filled it up rapidly."

The 50-year-old, 12-story building had been renovated and an additional two stories placed atop an existing parking garage for a total of 134,000 sf. Switch & Data will occupy the 40,000-sf addition. According to on-line commercial real estate site RealCentric, there are only 8,054 sf available in the building. The available space is within the technology center, which is occupied and leased through Switch & Data.Other tenants include AV Labs, which has leased about 30% of Perry Brooks, and Qwest and MCI Worldwide, which are subleasing telecommunications space from Switch & Data.

L.M. Holder and Associates carried out the renovation and the design of the addition. Stacy, as well as a source from L.M. Holder, describe the look of the building as an authentic 1950s-style, orange-brick exterior, with brushed chrome accents and terrazzo floors in the lobby. Stacy describes the look of the building as plain yet strong.

"You look at it and you can't tell that it has as much space as it does," Stacy says. "It's not ornate like the '20s. It's strong. It's a workhorse.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM Digital Member, you’ll receive:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.