 |
| Leigh Braswell |
The paper, which is
currently housed in the Atlanta Tech Village (formerly Ivy Place) building on
Piedmont Road in Buckhead, is expected to move into its new space in August.
 |
| Sabrina Altenbach |
Leigh Braswell,
a vice president at Lincoln Property Company Southeast, and Sabrina
Altenbach, a leasing associate with the firm, represented HD Realty, the
owner of Lenox Plaza, in the transaction.
Ben Raney of
Raney Cos. represented the BusinessChronicle and its parent company, Conde
Nast, in the deal.
 |
| Tony Bartlett |
The current tenant
of the space, Lucas Group, exercised its termination option, and Lincoln was
able to lease the space before it came on the market. The Business Chronicle
chose Lenox Plaza in part because of the chance to place high-visibility
signage on the building, according to Altenbach.
Under Lincoln’s
management and leasing, Lenox Plaza has led the Buckhead submarket in
absorption for the past two quarters, and the building’s occupancy rate has
increased from 50 percent to 80 percent leased in that time.
“Sabrina and Leigh
have done a tremendous job with Lenox Plaza, and the addition of such a prominent
tenant should only serve to further increase interest in this outstanding
property,” said Tony Bartlett, a senior vice president of Lincoln
Property Company Southeast.
“We are extremely proud of the job we’ve done in
improving this facility.”
For a complete copy
of the company’s news release, please contact:
Stephen Ursery
The Wilbert Group
E-mail: sursery@thewilbertgroup.com
Office: (404) 965-5026
Cell: (404) 405-2354
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