[1] John Hancock Life Insurance Company owns, manages and leases the building.
said that the announcement of plans to build the tower "raised eyebrows among Atlanta commercial real estate execs" due to concerns that there is too much office space on the market.
[8] In October 2012 the Atlanta Business Chronicle reported that Carter's Inc. was likely to lease in the Phipps Tower for its headquarters.
[2] In October 2012 CoStar Group announced that its Atlanta office was moving to the Phipps Tower.
Manulife Financial Corp owns both the Proscenium and the Phipps Tower so Carter's terminated its lease early in one building and moved to the other.