It's the biggest deal Advantis has pulled off to date among its Southeast clients. It also is the largest leasing/management contract of the year in the Southeast, several Atlanta brokerage houses that track these transactions tell GlobeSt.com.
Jones Lang LaSalle's Atlanta office is subcontracting its leasing/management assignment from property owner Koala Realty Holding Co. of New York to Advantis for an undisclosed fee.
However, area brokers tell GlobeSt.com the average standard office leasing/management fee nationwide is about $4 per sf. That would make JLL's gross contract with Koala valued at about $11 million per year.
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