Saturday, June 29, 2013

Spanx Signs Lease for Expanded World Headquarters at Planned Buckhead Atlanta Development

  
Buckhead Atlanta



Sarah Blakely
ATLANTA, GA – Atlanta-based Spanx, maker of innovative undergarments and apparel one of Atlanta’s fastest growing companies, and OliverMcMillan, San Diego-based developer of Buckhead Atlanta, have reached an agreement for Spanx to establish a custom-designed and expanded world headquarters at the Buckhead Atlanta development and to open a flagship retail store in the project.

 The headquarters will occupy three floors, a rooftop garden terrace and additional balconies. The deal includes signage rights. Spanx is anticipated to move in November 2014. 

Brannan Moss and Josh Hirsh with Jones Lang LaSalle represented Spanx in the transaction. Amy Fingerhut of CBRE represented OliverMcMillan.


Laurie Ann Goldman
 In order to accommodate Spanx’s need for growth, Buckhead Atlanta is adding another level of office space that was not in the original development plan. The growing company will lease 86,000 square feet of office space, with an option to expand up to 112,000 square feet.

 “We’re so excited to create a beautiful space for this leading Atlanta-based company,” said Morgan Dene Oliver, chief executive officer of San Diego-based developer OliverMcMillan, which develops urban and mixed-use retail, entertainment and residential projects. “Spanx’s innovative spirit and sense of fashion fit perfectly with the fabric of Buckhead Atlanta.”

 The move to the Buckhead Atlanta project not only addresses the anticipated growth of the billion-dollar manufacturer, but also the innovation and style that they’re known for.

Morgan Dean Oliver
“Like the Spanx brand, the Buckhead Atlanta space is innovative and unique,” said Spanx Founder Sara Blakely. “It's a perfect fit…no pun intended! We’re also thrilled to offer hometown fans a way to experience the magic of Spanx at our first flagshape store.”

 By expanding its corporate headquarters and moving from 3344 Peachtree to Buckhead Atlanta, Spanx is showing its long-term commitment to the city.   

“Spanx is one of Atlanta’s wonderful success stories,” said Atlanta Mayor Kasim Reed. “And in a true testament to its entrepreneurial spirit, Spanx will now be the anchor office tenant of the Buckhead Atlanta development, another transformational project. On behalf of the City of Atlanta, I wish Spanx continued success in its new home and congratulate OliverMcMillan as it completes construction of Buckhead Atlanta.”

Brannan Moss
 “We wanted a unique and prestigious space where we could be creative, be ourselves and be convenient for everyone to work and thrive – a place with room to grow where we can unpack our bags and stay awhile,” said Spanx CEO Laurie Ann Goldman. “The opportunity to house a premier retail store alongside our dream headquarters made Buckhead Atlanta perfect.”

 Buckhead Atlanta will be a beautiful, lush village, a mix of urban residential, outstanding retailers, and great restaurants all combined in one walkable destination. The mixed-use nature of Buckhead Atlanta will fit seamlessly into the fabric of Atlanta’s upscale Buckhead neighborhood while creating its own energy and excitement.

Josh HIrsh
Hermès, the French high-fashion design house, will be one of the first of many upscale retailers to open at Buckhead Atlanta. The completed project, totaling 1.5 million square feet, will have 300,000 square feet of upscale retail stores, restaurants and cafes, 125,000 square feet of custom office space and 370 luxury high-rise residences.

 Located on 8 acres across six city blocks, Buckhead Atlanta is designed as a completely walkable community that will connect two main arteries of Atlanta – Peachtree and East Paces Ferry roads – where local residents and bustling life collide.

   For a complete copy of the company’s news release, please contact:

 Rachel Tobin                         
Jackson Spalding                                
 404-724-2501 work
404-276-5930 cell                                              


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