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Atlanta & Southeast  + Georgia  + Office  | 

Hines, Cousins Form JV for Nearly $100M ATL Development

Houston-based Hines and Atlanta-based Cousins Properties formed a joint venture to develop 10000 Avalon, a 251,000-square-foot Class A office building in Atlanta for a development cost anticipated to approach $100 million. Cousins holds a 90% ownership interest and Hines 10% in the joint venture, which has secured AXIS Reinsurance Co., a subsidiary of AXIS Capital Holdings Limited, as an anchor tenant with a 15-year, 76,000-square-foot lease.

10000 Avalon will be the second and final office building in Avalon, a mixed-use development in North Atlanta. The new building will be adjacent to Hines and Cousins’ successful 8000 Avalon office development that was delivered in June 2017, and is currently 98% leased.

Construction on 10000 Avalon is slated to commence this month, and initial occupancy is expected in early 2020.

CBRE’s Sam Holmes represented AXIS in the lease.

For comments, questions or concerns, please contact Dennis Kaiser

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About Dennis Kaiser

Dennis Kaiser is Vice President of Public Relations and Communications for Connect Creative. Dennis is a communications leader with more than 40 years of experience including as a journalist and in corporate and agency marketing communications roles. He is responsible for Connect Creative’s agency client services and is involved in a range of initiatives ranging from public relations and content strategy, communications and message development, copywriting, media relations, social media and content marketing services. Prior to joining Connect Media in 2015, his most recent corporate communications roles involved leading a regional public relations effort across Southern California for CBRE, playing a key marketing role on JLL’s national retail team, and directing the global public relations effort at ValleyCrest (BrightView), the nation’s largest commercial landscape services company. He has worked on marketing communications assignments for such CRE companies as Blackstone/Equity Office, Carlyle, Caruso, Disney Resorts, GE Capital, Irvine Company, Hines, Howard Hughes Corp., Jeffries, Lennar, MGM, Marcus & Millichap, Prologis, Raleigh Studios, Simon, Starwood, Trammell Crow Company, Transamerica, UBS and Wynn Resorts. Dennis has also worked on communications and launch strategies for a number of consumer electronic, media and tech brands including SlingMedia, Channel Master, Deluxe Media Entertainment, BeIn Sports, EchoStar and Sprint. Dennis’s agency background included firms such as Off Madison Ave., Idea Hall and Macy + Associates. He has earned an outstanding reputation with organization leaders as a trusted advisor, strategic program implementer, consensus builder and exceptional collaborator. Dennis has developed and managed national communications programs for Fortune 500 companies to start-ups, both public and private. He’s successfully worked with journalists across the globe representing clients involved in major-breaking news stories, product launches, media tours, and company news announcements. Dennis has been involved in a host of charitable and community organizations including the American Cancer Society, Easter Seals, Boy Scouts, Chrysalis Foundation, Freedom For Life, HOLA, L.A.’s BEST, Reach Out and Read, Super Bowl Host Committee, and the Thunderbirds Charities.

  • ◦Development