The One Peachtree Point building suffered the loss of a major tenant recently, when the law firm Seyfarth Shaw LLP, which had occupied a 50,000-square-foot-space in the building, moved to 1075 Peachtree, also in Midtown. The loss of Seyfarth Shaw left One PeachTree Pointe, built in 1999, only 60% occupied, says Chris Shaner, research director at Cushman & Wakefield of Georgia. Altogether, there are 62,000-square feet vacant in the building, he says.

"Tenant retention and maintaining cash flow is a problem today for office buildings," says Shaner. Still, there are significant tenants looking for space, he says.

The Midtown submarket is primarily a Class A market, says Shaner, and One PeachTree Pointe is a Class A building. The addition of new office towers in the Midtown and Buckhead submarkets, has made it hard for landlords to fill their space, he says.