Lambert & Associates Delivers Prime Expansion Space for Generation Mortgage

Atlanta – January 2010 – Lambert & Associates Commercial Real Estate Services (L&A) delivers critical expansion space for Generation Mortgage, the largest, privately owned reverse mortgage retailer and wholesaler in the United States.

Gerald Lambert and Aaron Stoddard of L&A facilitated the 29,178 SF expansion located in Piedmont Center North, finalizing a lease with Cousins Properties Incorporated consisting of 48,257 SF for Generation Mortgage.

Generation’s CEO and President, Scott Peters states, “This expansion is critical to support the infrastructure for our expected growth in 2010. It also allows us to maintain our excellent standard in customer service by anticipating the needs of our business and consumer customers.”

About Lambert & Associates:

Lambert & Associates is a boutique commercial real estate company located in Atlanta, GA providing brokerage and consulting services.

Gerald P. Lambert, President of Lambert & Associates Commercial Real Estate, and his team has over 25 years of experience in the commercial real estate world. Mr. Lambert combines experience with loyalty in order to achieve his client’s objectives in the corporate office and industrial environments.

Finding the niche

Gerald Lambert, who spent 14 years in two stints with real estate giant Cushman & Wakefield of Georgia Inc., has started his own real estate services firm.

Lambert & Associates has no intention of competing with massive international firms such as CB Richard Ellis Inc., Cushman and Jones Lang LaSalle Inc. Instead, Lambert said he will focus on representing small to midsized businesses in their search for real estate.

Lambert & Associates, housed at 2451 Cumberland Parkway, was started earlier this year before a spate of bank failures, stock market declines and layoffs exposed an economy in recession.

“Growth isn’t going to happen right now, except for perhaps the medical industry and health services sector,” said Lambert, who saw another commercial real estate slowdown in the 1980s when he was with Rubloff Real Estate. “If folks can hold on and recast their costs, there is going to be pent-up demand eventually that will be incredible,” he said. “I really believe that this is the time to get involved with these smaller companies to be there when they bloom again.”

Lambert has four people on his staff now, but he wants at least 10 people on board within two years. The commercial real estate veteran also sees a chance to mentor a new generation of Atlanta’s commercial real estate stars.

Great sublease available at 2500 Northwinds Parkway at Three Northwinds Center.  The entire 5th floor of the building is available at 25,000 SF and can be divisible to 12,500 SF.  The floor plan is mostly office with some open space.  There is very nice furniture that is negotiable with the space.

Total Space:  25,000 SF
Divisible:  12,500 SF
Asking Rate:  Negotiable
Lease Experiation:  May 1, 2013

Download the flyer with more information 2500 Northwinds Sublease Flyer

Located on four lane Duluth Hwy. in Lawrenceville, Gwinnett County, GA minutes from I-85.  Zoned OI, it is a perfect location for an office near home!  Land is cleared and is water/sewage ready.  Location is highly visible from highway.  Shared access with office park Telfair Commons.

Land Size:  .82 Acres / 35,719 SF
Asking Price:  $450,000

Download the flyer with more information Hwy 120 Land Flyer

Located at the corner of Webb Rd. and Hwy. 9 in Alpharetta, Fulton County, GA, the property comes water and sewage ready. There is excellent visibility with a curb cut approved on Hwy. 9 and one in place on Webb Rd.  It is directly diagonal to the new Super Target and within minutes of GA400.

Land Size: 2.079 acres / 90,561 SF
Asking Price: $1,500,000
Divisible: Will divide at $750,000 per acre

Download the flyer with more information Webb_Rd_Flyer

Located along the side of Braselton Hwy. in Dacula, Gwinnett County, GA, it is located close to the Hamilton Mill Golf Course with over 2,200 homes.  The property is pad ready and rough graded.  There is excellent visibility with a curb cut in place.  It sits immediately next to a fire department as well as a county park and is minutes from I-85.

Land Size: 2.13 acres / 92,782 SF
Asking Price: $1,500,000
Approved for Public Storage!!!

Download the flyer with more information Braselton_Hwy_Flyer

Now is the time to re-negotiate your lease!  Due to current market conditions, Landlords in Atlanta are offering concessions to maintain valuable tenants.

The Atlanta Business Chronicle* states, “Buckhead isn’t the only part of the city where landlords are offering concessions on trophy towers.  The discounts come as lending remains tight, law firms are putting space back on the market and two American International Group Inc. towers at 17th Street are less than half-filled.”

These vacant spaces mean negotiating points for tenants.  We at Lambert & Associates can facilitate this process and get results.  Let us abstract your lease at no cost to you!  We may be able to save you money and get your company desirable concessions.

*Lisa R. Schoolcraft, Atlanta Business Chronicle, April 2009.

“Looking to save some money in this down economy, I enlisted the help of Lambert & Associates to renegotiate my lease and find me some extra discounts and concessions. Aaron Stoddard did a great job representing me, thoroughly examining all of my options and weighing out the best end result. Through the course of working with him it was determined that the most efficient path would be to purchase rather than lease. I now have my own real estate investment coupled with savings of $15,000 per year in total costs thanks to the help of Lambert & Associates. I highly recommend Aaron and his team.”

Attorney David T. Hamilton

Located at 2175 Highpoint Rd in Snellville, GA just off of Hwy. 78.  It is a beautiful all brick building with large offices inside.  There is plenty of parking both in the front and rear of the building.  It is seperated into two suites, both approx. 2,584 SF and can be leased seperately or together.

Total building size:  5,168 SF
Asking Rate:  $11.50 modified gross net of utilities and CAM
Asking Price:  $450,000

Download the flyer with more information Snellville Office Condo Flyer