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December 24, 2009 | Sovereign | Comments 0

Sovereign making headlines again

june-image-smallSovereign continues to make news, this time for their commercial success. The luxury high rise was recently featured in not only the Atlanta Business Chronicle, but the Real Estate Rooster as well. Both articles come on the heels of a recent article in the Chronicle that announced a contract had been signed on one of the buildings high rises.

The Atlanta Business Chronicle’s most recent article, “3344 Peachtree wins legal lease,” discussed Sovereign’s recent signing of the law firm Weinberg, Wheeler, Hudgins, Gunn & Dial LLC to almost 70,000 square feet as well as smaller signings of Asset Preservation Inc. and Crescent Wealth Management. The recent signings brought the building to almost 90-percent capacity, no small feat considering the state of the commercial real estate market in Atlanta.

The Real Estate Rooster’s article “Buckhead’s Sovereign Ruler,” also included information about Sovereign’s commercial success, including the successful opening of Bistro Niko, Buckhead Life Restaurant Group’s newest addition to the Atlanta restaurant scene.

David Tennery, principal at Regent Partners, the developer of Sovereign had the following to say about Sovereign’s success.

“We are extremely pleased that we are continuing to experience such strong success on both our commercial and residential sides,” said Tennery. “When you look at the current realities of the overall Atlanta real estate market, we are truly blessed to be in the position we are in. We worked hard and took considerable risks in order to deliver a project that could make a long-term difference in the community and it would appear that the strategy, combined with significant determination have indeed been well received by the market.”

Limited space is still available if you are looking for commercial real estate space. For more information on commercial space visit, www.regentpartners.com and for more information on Sovereign’s luxury condos visit, www.sovereignbuckhead.com.

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