Wednesday, December 11, 2019

Shorenstein Unveils String of New Leases, Renewals at Bank of America Plaza in Atlanta, GA

  
Bank of America PlazaNorth Avenue Smart Corridor, Midtown, Atlanta, GA

ATLANTA, GA (Dec. 11, 2019) – Shorenstein Properties announced today several new tenant signings and lease expansions at Bank of America Plaza, a newly energized Class A office tower in Midtown Atlanta situated in the heart of the North Avenue Smart Corridor.

Nicole Goldsmith

The signings represent more than 80,000 of new occupancy at the building, and mark the latest chapter in a leasing boom that has attracted tech firms and other start-ups to the Southeast’s tallest skyscraper.

Jeff Keppen
 Convoy, a U.S.-based trucking software company that was recognized as GeekWire’s 2017 “Startup of the Year”, signed a multi-floor lease totaling over 49,000 square feet that will allow the fast-growing company to expand operations in its Atlanta hub.

Convoy is committing to a long-term lease at Bank of America Plaza after first moving to the building in 2018.
 Jeff Keppen and Nicole Goldsmith of CBRE represented Shorenstein in the transaction. Tim McCarthy and Jeff Heller from JLL represented Convoy.

 All of the latest signings represent hundreds of additional jobs at the building. Other new tenants and lease expansions at Bank of America Plaza include:

  • D.S. Smith – 13K RSF new lease
  • Itineris – 8K RSF expanded lease
  • Tin Roof Software – 8K RSF expanded lease
  • Groundfloor – 4K RSF expanded lease
  • Florence Healthcare – 4K RSF expanded lease
Tim McCarthy
“Bank of America Plaza continues to emerge as a top choice for companies that are seeking a community-driven workplace experience which will bolster employee productivity and generate meaningful business results,” said Christopher Caltabiano, Senior Vice President of Asset Management at Shorenstein Properties.

“This latest round of leasing activity reflects renewed interest in South Midtown as Atlanta’s next “must visit” destination thanks to a bevy of new mixed-use projects taking shape around the building that resonate with today’s workforce.

"We’re pleased to welcome this dynamic group of tenants to Bank of America Plaza, and look forward to supporting their growth in the years ahead.”

Christopher Caltabiano
More than 150,000 square feet of leasing agreements have been signed at Bank of America Plaza over the last 12 months due to increased demand for next-generation workspace.

Much of that activity being fueled by the dynamic tech ecosystem created by a spec suite program that Shorenstein incorporated throughout the tower to keep up with burgeoning market demand.

Shorenstein also recently completed a $10 million renovation to the building’s West Wing that delivered modern amenities, workspace and Marketplace 600, a 17,000-square-foot food hall. 

Other amenities include the 17,000-square-foot RPM Health Club & Spa, expansive conference facilities, and a Starbucks in the main lobby.

Jeff Heller 
 The crown jewel of Atlanta’s skyline, Bank of America Plaza is home to both fast-growing tech firms such as Featurespace, Flexport, Revel Systems, and Riskalyze, as well as established legal and professional services firms like Troutman Sanders and Bank of America.

 CONTACT:
Nick Banaszak
The Wilbert Group

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