39 unchanged sentences
Federal Government 784,598 22,177 2.80 4.7
−Removed: Bridgestone Americas 506,128 20,277 2.53 14.7
Metropolitan Life Insurance 667,228 20,280 2.56 7.2
+Added: Bridgestone Americas 506,128 19,934 2.52 13.7
PPG Industries 370,927 10,732 1.35 7.5
5 unchanged sentences
Deloitte & Touche 158,914 6,630 0.84 6.1
−Removed: Tivity 263,598 6,753 0.84 0.2
+Added: Morgan Chase & Co.
+Added: 183,864 6,492 0.82 4.4
Novelis 168,949 5,863 0.74 0.7
2 unchanged sentences
Regus 169,833 5,498 0.69 4.8
−Removed: Morgan Chase & Co.
−Removed: 180,424 5,482 0.68 5.4
−Removed: The CapFinancial Group, LLC 120,847 5,395 0.67 10.6
−Removed: PNC Bank 162,223 5,384 0.67 4.9
+Added: CapFinancial Group 120,847 5,447 0.69 9.6
+Added: Delta Community Credit Union 128,589 5,250 0.66 8.8
+Added: The Cigna Group 180,728 5,080 0.64 4.0
Total 6,335,733 $ 225,534 28.48 % 7.6
27 unchanged sentences
In-Process Development
−Removed: As of December 31, 2022, we were developing 1.6 million rentable square feet of office properties.
−Removed: The following table summarizes these announced and in-process office developments:
−Removed: Property Market Own % Consolidated (Y/N) Rentable Square Feet Anticipated Total Investment Investment as of December 31, 2022 )
−Removed: Pre Leased % Estimated Completion Estimated Stabilization
+Added: The following table summarizes our in-process office development activity as of December 31, 2023:
+Added: Property Market Own % Consolidated (Y/N) Rentable Square Feet Anticipated Total Investment (1)
+Added: Investment as of December 31, 2023 Pre Leased % Estimated Completion Estimated Stabilization
($ in thousands)
−Removed: 23Springs (1)
−Removed: Dallas 50.0 % N 642,000 $ 460,000 $ 80,047 17.1 % 1Q 25 1Q 28
−Removed: Granite Park Six (1)
−Removed: Dallas 50.0 % N 422,000 200,000 98,068 12.4 4Q 23 1Q 26
−Removed: GlenLake III Office & Retail (2)
−Removed: Raleigh 100.0 % Y 218,250 94,600 47,177 14.6 3Q 23 1Q 26
+Added: 23Springs Dallas 50.0 % N 642,000 $ 460,000 $ 150,421 33.4 % 1Q 25 1Q 28
Midtown East Tampa 50.0 % N 143,000 83,000 28,817 16.1 1Q 25 2Q 26
−Removed: 2827 Peachtree Atlanta 50.0 % N 135,300 79,000 32,447 75.3 3Q 23 1Q 25
Four Morrocroft (2)
1 unchanged sentence
803,000 $ 555,000 $ 188,630 31.8 %
−Removed: (1) Investment includes capitalized interest only on the construction loan portion of the project.
+Added: (1) Includes estimated lease up costs for tenant improvements and lease commissions until the property has reached stabilization.
(2) Investment includes deferred lease commissions which are classified in deferred leasing costs on our Consolidated Balance Sheet.
−Removed: (3) Recorded on our Consolidated Balance Sheet as land held for development, not development in-process.
Land Held for Development
13 unchanged sentences
(1) Weighted Average Ownership Interest is calculated using Rentable Square Feet.
−Removed: (2) Excluding our 26.5% ownership interest in a real estate brokerage services company.
−Removed: (3) This joint venture is consolidated.
−Removed: In addition, we own 50.0% interests in 2827 Peachtree, Granite Park Six, 23Springs and Midtown East, four unconsolidated joint ventures.
−Removed: Properties - In-Process Development.”
+Added: (2) Excludes our 26.5% ownership interest in a real estate brokerage services company.
+Added: (3) The joint venture in Richmond was deconsolidated effective January 1, 2023 and is now accounted for using the equity method of accounting.
+Added: (4) The joint venture in Tampa is consolidated.
+Added: In addition, we own 50.0% interests in 2827 Peachtree (Atlanta), Granite Park Six (Dallas), 23Springs (Dallas) and Midtown East (Tampa), four unconsolidated joint ventures that are currently developing projects that have not yet been placed in service.
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.