One Press Place is a landmark in downtown Athens on the corner of Thomas and Broad streets. Completed in 1991, the facility was built to house the Athens Daily News and the Athens Banner-Herald. Known as The News Building, it operated as the information hub for the region, eventually merging the two newspapers and starting an online edition, OnlineAthens.com. The building was sold in 2012 and redeveloped into a multi-tenant commercial property. The newspaper is still headquartered in the building.
About Athens, Georgia
The Athens, Georgia area is a growing MSA of over 200,000 people that has seen a population increase of 15% over the last decade from 2000 – 2010 and continues on that growth trajectory. The best known, and largest, employer is the University of Georgia, tending to its over 33,000 students. While UGA is the most visible employer, Athens Regional Medical Center (ARMC) is the second largest, and along with St. Mary’s Medical Center, attracts highly educated employees.
In addition to the hospital systems, the new Health Sciences Campus opened its doors in 2011 and is now set to grow exponentially on the new campus of the former Navy Supply Corps School on Prince Avenue. Growing the medical, nursing and health science fields on that campus will add to the young, highly educated population. Athens already has a median age of 25.9 and 40% of the population holds a bachelor’s degree or higher. A significant growth trajectory, low cost of living, highly educated and young population, and a reputation for being a music and arts mecca, make Athens a smart place to invest.
About Nichols Land & Investment Company
Established in 1976, Nichols Land & Investment Company is a full service commercial real estate firm with offices in Athens and Augusta, Georgia. Nichols Land provides brokerage, property management, and development services for commercial and timberland properties across the Southeast. Their continued success is attributable to forward thinking advisors, long-term experience, knowledge of our markets and unwavering dedication to profitable partnerships. www.nicholsland.net.