Saturday, November 24, 2018

Ackerman & Co. Represents Owner OA Development in 22,753 SF Lease at Phoenix Business Campus in College Park, GA



1740 Phoenix Parkway, College Park, GA

 ATLANTA, GA – Ackerman & Co. has completed a 13-year, 22,753-square-foot lease with United Food and Commercial Workers (UFCW) Unions and Employers Benefits Administration LLC at 1740 Phoenix Parkway in College Park, Ga., on behalf of owner OA Development Inc.

Frank Farrell
The lease takes effect February 1, 2019. Ackerman & Co.’s Frank Farrell and Kris Redding represented the owner in the transaction. Craig Mendel of Cresa represented the tenant.

1740 Phoenix Parkway, located in Phoenix Business Campus, will serve as the regional administrative offices for UFCW, which is North America’s largest private sector union, with 1.4 million members.

UFCW will relocate from the nearby 1800 Phoenix Boulevard Building 300, where it currently occupies 18,420 square feet, increasing its space by more than 4,000 square feet with the move.

Farrell and Redding are the landlord leasing representatives for OA Development’s 296,000-square-foot portfolio located in Phoenix Business Campus, Phoenix Office Park and Phoenix Summit.

Kris Redding
Headquartered in Atlanta, Ackerman & Co. is a privately held, full-service commercial real estate firm focused on providing quality investment, brokerage, management and development services in the Southeast.

The company, founded in 1967, retains an expert team of more than 100 real estate professionals. 

To date, Ackerman & Co. has developed and acquired 37 million square feet of office, medical, industrial, retail and mixed-use space, has 8 million square feet under management, and maintains an investment portfolio valued at $1 billion.

 For more information, visit www.ackermanco.com

 CONTACT: 

Steve Webb
Marketing Research Coordinator
P: 678.993.2935     F: 770.913.3966
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Ackerman & Co.
10 Glenlake Parkway, South Tower, Suite 1000
Atlanta, Georgia 30328

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