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Radio One

Opportunity

 

T. Dallas Smith & Company was selected by Radio One, an interactive digital sector of Urban One, to assist them with opening their Atlanta headquarters. Radio One sought to test the Atlanta market to see if there was feasibility for opening a permanent headquarters. They needed office space with 2-3 offices and with a ceiling height of no less than 11’.

 

Execution

 

Since Radio One was testing the market, we opted for a shorter term.  It was important to be cognizant of their ceiling height requirement versus the standard office ceiling height being 8-10’.  T. Dallas Smith and Company presented 3 options to include:  The Healey Building, The Hurt Building, and 439 Edgewood Ave.  A review of Radio One’s needs determined that 439 Edgewood Ave was the best option as it was a creative, 2-story office with plenty of ceiling height for recording and video equipment.

 

Success

 

  • Radio One had a unique requirement and T. Dallas Smith & Company was able to create a solution. T. Dallas Smith & Company was able to achieve the following:

– An 18-month term
– 3,000 SF $16.50 PSF for the first year and then $17.00 PSF for the remaining six months
– Option to create a spiral staircase adjoining the two suites with Landlord’s approval

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