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| 55 Allen Plaza, Downtown Atlanta, GA |
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| Tony Bartlett |
ATLANTA, GA (Dec. 2, 2013) – Lincoln Property Company
Southeast (Lincoln), in conjunction with the Atlanta office of Cushman
Wakefield, has brokered Connecture Inc.’s new lease of 28,299 square feet of
office space at 55 Allen Plaza, a Class-A, 350,000-square-foot office
tower in downtown Atlanta that Lincoln manages and leases.
Tony Bartlett, senior vice president at Lincoln, and Andy
Sumlin, leasing director at Cushman & Wakefield, represented the
landlord in the transaction, while Cushman & Wakefield brokers Carla
Williams and Jeff Samaras represented the tenant.
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| Andy Sumlin |
Cushman & Wakefield is a longtime tenant of 55 Allen
Plaza, and the Atlanta office of the firm co-markets and leases the building
with Lincoln.
Connecture, which provides Web-based information systems
used to create health insurance exchanges, will occupy the entire fourth floor
of the building. The firm’s 11-year lease will bring the occupancy rate of 55
Allen Plaza’s office space to 93 percent.
Connecture’s lease marks another significant moment in the
improvement of 55 Allen Plaza that began when Lincoln purchased the building on
behalf of a pension fund client in 2011.
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| Carla Williams |
New building amenities and increased operational
efficiencies have resulted in several industry awards.
Also, leasing efforts in 2013 have successfully resulted in
more than 53,000 square feet of leases. In addition to Connecture, Lincoln
executed leases to top-notch tenants like Doner Partners, Fogle Law Firm and
Ernst & Young.
Lincoln has recently completed the construction of three
spec suites totaling 8,000 square feet, which allow 55 Allen Plaza to offer
small suites to tenants for the first time. The spaces offer high-end finishes,
open ceilings, polished concrete floors and designer lighting.
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| Jeff Samaras |
The Bread Box, a café that serves breakfast, lunch and
Starbucks coffee and also features fresh-baked bread, has opened in the
building. Carlyle’s Catering, a well-known Atlanta-based firm, operates the
café.
Furthermore, 55 Allen Plaza achieved LEED Gold Certification
last year and was recognized in July of this year by the Atlanta Better
Buildings Challenge for achieving a 20 percent reduction in energy and water
consumption.
The building also has been designated a BOMA 360 Performance
Building by the Building Owners and Managers Association (BOMA) International.
The BOMA 360 Performance Program recognizes commercial
properties that demonstrate best practices in building operations and
management. Fewer than 50 buildings in Georgia have earned the designation.
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| Centennial Olympic Park |
“I could not be prouder of the effort our team has put into
55 Allen Plaza and of the results we have achieved,” Bartlett said. “The
advances have been remarkable, and 55 Allen is undoubtedly a best-in-class
asset within the Downtown and Midtown office market.”
Overlooking the Downtown Connector on downtown Atlanta’s
northern edge, 55 Allen Plaza provides tenants with access to all of Atlanta’s
sub-markets.
As part of the Allen Plaza mixed-use development, the
building is surrounded by amenities including restaurants, the W-Atlanta
Downtown Hotel & Residences, retail and Centennial Olympic Park. Prominent
tenants in the building, which opened in 2007, also include Ernst & Young,
Skanska and the design firm ASD.
For a complete copy of the company’s news release, please
contact:
Stephen Ursery
The Wilbert Group
404-405-2354
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