 |
| Mike Mason |
Atlanta, GA – Last week,
the City of Peachtree Corners’ mayor, Mike
Mason, and several City Council members, joined senior management
representatives from companies in the park to celebrate Glenfield Capital’s
grand ‘reopening’ of The Corners.
The Corners is a wooded
office park comprised of four buildings with more than 290,000 square feet of
space located in the heart of Peachtree Corners.
The project is home to the
headquarters of several companies including Global Power Technologies,
Generated Systems, Capstone Logistics and ProSys, as well as regional or
operational offices for Sprint, Dematic, Toshiba, Market Force and PSA
Healthcare.
Since Atlanta-based
Glenfield Capital acquired the property in late 2014, the firm has invested
more than $1 million in renovations and improvements, including the addition of
state-of-the-art conference center. Prior
to this investment, the property’s dated and drab interior and lack of current technology made it
challenging to retain - much less attract - tenants.
“The Corners was an
under performing asset with strong fundamentals,” said James Cate, managing
principal of Glenfield Capital. “We saw
value in the property’s location and the potential for it to excel in the area
with an updated and modernized interior.”
JLL was selected to be The
Corners exclusive leasing agency. Since
Glenfield Capital acquired the property, the company has successfully leased
more than 50,000 square feet of space.
They are working closely with Glenfield Capital to lease the remaining
space, approximately 51,000 square feet total.
For a complete copy of the company’s news release,
please contact:
Kathryn Farmer • The
Wilbert Group
1720 Peachtree St., Suite
350 • Atlanta, Ga. 30309
O: 404-254-1487 M:
678-642-4301
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