Spec-Built Parkview One 64% Leased

ATLANTA-Parkview One at Opus Woods opened its 165,000 sf of class A space in February to zero takers. Today, the north Fulton County office building is at 64% occupancy, thanks to a new 10-year, 69,176-sf lease by Spherion and a previously-signed 35,000-sf lease with LandAmerica OneStop.

Representatives of the building’s developer, Hillwood Development Corp. of Dallas and Opus South Corp. of Tampa, FL couldn’t be reached at GlobeSt.com’s publication deadline to learn the value of the Spherion lease. But brokers intimate with the north Fulton County office submarket tell GlobeSt.com on condition of anonymity the lease has an estimated aggregate value of $14.5 million or about $21 per sf.