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Hunter Henritze |
ATLANTA, GA – Lincoln Property Company Southeast (Lincoln)
has been awarded the exclusive management and leasing assignments for Midtown
Plaza One and Two, a Class-A, two-building office complex in the heart of
Atlanta’s thriving Midtown submarket.
LPC Realty Advisors,
a Lincoln affiliate, purchased the 506,108-square-foot complex, along with the
adjacent and vacant 39,000-square-foot 1372 Peachtree Street, on behalf of a
state pension fund.
Hunter Henritze
and Michael Howell, each a vice president
of office leasing for Lincoln, will oversee the leasing of Midtown Plaza, which
includes One Midtown Plaza, located at 1360 Peachtree Street, and Two Midtown
Plaza, located at 1349 West Peachtree Street.
In recent years, over
$5 million of capital improvements have been made to the building’s systems and
common areas, and the new ownership will continue this re-investment program.
Michael Howell |
Lincoln’s planned renovations will address building lobbies
and corridors, tenant restrooms, building amenities and parking garage
enhancements, as well as additional building systems upgrades.
Immediate plans
call for making a ground-floor lobby space in One Midtown Plaza available to an
upscale restaurant group that could take advantage of the prominent position on
Peachtree Street and the generous outdoor plaza to create a dynamic dining
experience.
For a complete copy
of the company’s news release, please contact:
Stephen Ursery
The Wilbert Group
404-405-2354