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Downtown Firms Moving to New Midtown Digs

ATLANTA-The locally based law firm of King & Spalding is leaving Downtown and has leased 440,000 sf at Hines Co.'s 41-story Midtown tower which expects to be ready for occupancy in first quarter 2006. Another law firm, Powell, Goldstein, Frazer & Murphy also plans to vacate about 200,000 sf at two Downtown locations for new quarters at One Atlantic Center in Midtown.

By Alex Finkelstein | Updated on November 12, 2003

ATLANTA-This isn’t Downtown’s finest hour as two of the city’s largest law firms make plans to leave the central business district for new corporate homes in Midtown.

King & Spalding has leased 440,000 sf at Hines Co.’s 41-story, 681,000-sf tower that has broken ground at Peachtree and 14th streets. The building expects to be ready for occupancy in December 2005.

Another law firm, the 500-lawyer Powell, Goldstein, Frazer & Murphy group, also plans to vacate about 200,000 sf at two Downtown locations for new quarters at the 50-story One Atlantic Center (formerly the IBM Tower) on 14th Street in Midtown.

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