Buckhead is an affluent uptown district of Atlanta, comprising approximately the northern fifth of the city. Buckhead is a major commercial and financial center of the Southeast, and it is the third-largest business district in Atlanta, behind Downtown and Midtown commanding the highest rents of all major metro CBDs in greater Atlanta, with an average quoted office rent of $38.00 PSF for Class A office space. The northernmost section of Buckhead (basically the Peachtree Road corridor north of Piedmont Road and south of Peachtree Dunwoody Road), is considered Atlanta’s financial corridor, where most money management firms house their regional southeast offices. At the heart of northern Buckhead around the intersections of Lenox, Peachtree and Piedmont Roads, is Atlanta’s premier shopping district, with more than 1,500 retail units – where shoppers spend more than $2.7 billion a year. In addition, Buckhead contains the highest concentration of upscale boutiques in the United States. The majority are located at Lenox Square (caption 1) and Phipps Plaza (caption 2), sister regional malls located diagonally across from each other at the intersection of Peachtree and Lenox Roads. The malls are home to designer boutiques, mainstream national retailers, as well as six major department stores. The district’s high-rise office buildings, hotels, and condominiums form a highly urbanized core along Peachtree Road, which extends south into the heart of the city as Peachtree Street, Atlanta’s main street. This name change is significant in that it defines a border between Buckhead and Midtown.