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| 1669 Phoenix Parkway Office Park Phoenix, AZ |
Atlanta, February 27, 2013 – Pittsburgh-based PNC Bank continues
to expand its services in Atlanta by taking up an additional 6,000 SF at 1669
Phoenix Parkway for a total of 23,968 square feet.
The group, having closed major RBC Bank and Flagstar Bank
deals, is the seventh-largest bank in metro Atlanta with 79+ branches and some
$2.85 billion in local deposits.
The long-term, now anchor-tenant at 1669 Phoenix Parkway,
takes up the entire second floor.
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| Frank Farrell |
They are followed by another financial services company,
Credit Union Loan Source, which occupies nearly 12,000 SF of the building’s
first floor. PNC Bank chose to remain
and expand in Phoenix Office Park in part due to the airport’s proximity.
“Check processing
centers favor close proximity to airports and our building is less than five
minutes away,” said Frank Farrell, senior vice president of leasing who
represented Ackerman & Co.
Cushman Wakefield’s Ian Henderson represented the
tenant.
Of late, Ackerman has experienced quite a bit of activity in
this market. Not only is 1669 Phoenix Parkway 100% leased but a recent deal at
Two Crown Center has increased that building’ s occupancy to 77%.
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| Ian Henderson |
VX Stream, a video technology company, has just signed a
2,300-square-foot lease at the five-story midrise office building. Farrell also
represented Ackerman in this deal; CBRE’s Jim Palermo represented the tenant.
For a complete
copy of the company’s news release, please contact:
Fara Wilson,
VP of Marketing
770. 913.3904 |
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