Newell Rubbermaid moves into new Two Glenlake home
Newell Rubbermaid Inc. has officially taken up residence in its new headquarters, the nearly 355,000-square-foot Two Glenlake building on Glenlake Parkway in Sandy Springs.
The 14-story building, developed by Greenstone Properties Inc. and Granite Properties Inc. over the past 18 months, got its certificate of occupancy at the end of March and Newell Rubbermaid moved in more than 300 local employees, consolidating operations from three previous Atlanta-area facilities.
Two Glenlake was the only office tower under construction during the past 18 months in the Central Perimeter market—metro Atlanta’s largest sub-market, with more than 16 million square feet of class A office space.
According to a report issued by Dorey Market Analysis Group, the Central Perimeter’s vacancy rate is about 15 percent.
Locally-based Arby’s parent buys Wendy’s
Triarc Cos. Inc., which last year moved to the Perimeter in Sandy Springs when it bought Arby’s, is now adding burger restaurant chain Wendy’s to its portfolio.
The parent company of roast beef sandwich king Arby’s, which is owned by billionaire Nelsen Peltz, is reportedly paying $2.34 billion in stock for Wendy’s. It would create the third largest fast-food chain in the U.S.
The Atlanta office of Triarc and Arby’s is located at 1155 Perimeter Center West in Sandy Springs. Wendy’s reportedly will remain headquartered in Dublin, Ohio.
Roland Smith, Triarc’s chief executive, who also will become Wendy’s CEO, said some Wendy’s jobs likely will move to Atlanta, but he did not specify a number. He also indicated some jobs would be lost in the elimination of duplication. The Atlanta office of Triarc now has about 400 employees.
Perimeter CID president addresses SSPC
Yvonne Williams, president of the Perimeter Community Improvement District (PCID), discussed the partnership between Sandy Springs and her organization aimed at improving infrastructure on both sides of GA 400 at the April 21 breakfast meeting of the Sandy Springs Perimeter Chamber of Commerce.
Addressing an audience of about 70 business people, she said the CID and city of Sandy Springs are collaborating on transportation initiatives along the GA 400 corridor, including the planned “half-diamond” on/off ramps at Hammond Drive and turning Hammond Drive into another “great corridor of excellence.”
The “half-diamond” ramps will only allow entering GA 400 going northbound and exiting when heading south on GA 400. That project is expected to begin in late summer and early fall and will take two years to complete.
Williams also highlighted some of the CID’s successes, including the recently opened I-285 flyover bridge.
Sandy Springs resident honored by McDonald’s
Atlanta McDonald’s restaurants owner/operator Leon Goodrum, who is a resident of Sandy Springs, received The Golden Arch Award – the McDonald Corporation’s highest award – at the company’s 2008 Worldwide Convention in Orlando last month.
McDonald’s biennially honors owner/operators from around the globe who excel in the areas of customer service, planning, leadership and philanthropy. Goodrum is the only Georgia owner/operator to receive the 2007 Golden Arch Award, which was first presented in 1976.
Goodrum has been recognized for his accomplishments as a career restaurateur. Previously, he won the Ronald McDonald Award for outstanding professional achievement and community involvement. A board member of the National Black McDonald’s Owner/Operators Association and an active member of the Atlanta Black McDonald’s Operators Association, Goodrum opened his first McDonald’s in 1982 in Atlanta. Today, he owns seven restaurants throughout Atlanta, East Point, and at Hartsfield-Jackson International Airport.
He is an alumnus of Leadership Atlanta and a member of the 100 Black Men of Atlanta.