Nortel / Cingular


This building was originally developed as a second phase for expansion of Nortel Network’s Alpharetta campus. The building was under construction when the technology bubble burst and Nortel went from growing exponentially to no longer needing much of their existing (and under construction) space in the Atlanta area. The North Fulton submarket had over 4.4 million square feet of vacant space at the end of 2001.

Atlanta, GA
North Fulton

376,351 RSF / 6 stories


At the same time, Greenstone principals were courting Cingular Wireless who was in the market for sublease space along with a data center requirement. In a matter of weeks, they worked out an arrangement whereby Cingular subleased the space from Nortel for a short period of time and then leased it directly for the remainder of the 10-year term. Despite these changes, they was able to deliver the project one month early and realize a savings of $750,000. The ability to substitute Cingular into Nortel’s space shows the “shed-ability” of the building design – a quality that allows a user to easily reduce their occupancy or completely sublease their space in a building to another user.




NB+A Architects – Architect
German Investor – Equity Partner
Hardin Construction – General Contractor
Bank of America – Construction Financing