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| 55-Story Bank of America Plaza, Atlanta, GA |
ATLANTA, GA – A rapid run on next-generation spec suites
that fueled more than 100,000 square feet in new leasing activity and a
significant renovation project delivering an array of new amenities highlighted
a remarkable year at Bank of America Plaza in Atlanta, the Southeast’s tallest
skyscraper.
Shorenstein Properties LLC announced its year end summary
for BOAP, with the firm delivering an impressive haul of new and renewed
tenants in 2018.
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| Christopher Caltabiano |
Logistics software firm Flexport topped the list of new
additions from the tech sector at BOAP in 2018, with the company signing a
multi-floor lease totaling 48,951 square feet.
In addition to the influx of new tech firms, long-time
tenant and international law firm Hunton Andrews Kurth validated the building’s
recent success by signing a ten-year renewal agreement totaling 34,986 square
feet.
Other new tenants and lease renewals over the past year
include:
·
Revel Systems – new
lease (25,547 SF)
·
Buckley Beal, LLP –
new lease (14,000 SF)
·
Groundfloor – new
lease (7,746 SF)
·
Florence Healthcare –
new lease (4,106 SF)
·
Convoy – new lease
(24,363 SF)
“We’re pleased to see the exceptional leasing activity that
has occurred at BOAP over the last twelve months, which is a testament to the
success of our repositioning strategy,” said Christopher Caltabiano,
Senior Vice President of Asset Management at Shorenstein Properties.
“The recent improvements have breathed new life into the
building and created a tech hub with future-ready workspace in the heart of the
North Avenue Smart Corridor.
"Employers are consistently demonstrating a preference to set up shop near the areas where they need to recruit top talent, and we anticipate continued growth when the next batch of spec suites come online in early 2019.”
"Employers are consistently demonstrating a preference to set up shop near the areas where they need to recruit top talent, and we anticipate continued growth when the next batch of spec suites come online in early 2019.”
 |
| Mark Elliott |
The diverse tenant lineup has served as a spark for building new alliances and fostering a unique community culture at the iconic tower.
“The energy in the building resulting from the capital
improvements and emergence of new young companies has been incredible,” said Mark
Elliott, a senior partner at Troutman Sanders.
“We’ve been able to take full advantage of the new amenities and services provided by Shorenstein, which add prestige and additional firepower for our recruiting efforts. We look forward to calling BOAP home for many years to come.”
“We’ve been able to take full advantage of the new amenities and services provided by Shorenstein, which add prestige and additional firepower for our recruiting efforts. We look forward to calling BOAP home for many years to come.”
CONTACTS:
Nick Banaszak
The Wilbert Group
256-457-5384 (C)
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