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Bank of America Plaza, South Midtown, Atlanta, GA
ATLANTA, GA – Shorenstein Properties announced it signed a multi-floor lease at Bank of America Plaza to serve as the global headquarters of PrimeRevenue, Incorporated, a leader in business-to-business fintech providing working capital finance technology solutions to companies ranging from the mid-market to the Fortune 500.
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PrimeRevenue’s decision to relocate to the 48,844-square-foot space covering two floors, in the premiere south Midtown site, is in support of its significant global growth and its continued focus on being culture centric.
The neighborhood is itself in growth mode,
due to its rapid emergence as a walkable live-work-play community that
continues to attract a wide range of TAMI sector firms from metro Atlanta and
beyond.
“PrimeRevenue has
grown its employee base 26 percent thus far in 2019, with an additional 30
percent growth planned this year,” said Michelle Kilroy, Head of People
and Talent.
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| Michelle Kilroy |
"Bank of
America Plaza is a fantastic fit for our commitment to providing our current
and future employees with a custom-built space designed to support our
collaborative culture and values.”
PrimeRevenue
will move into its new offices in the 4th quarter of 2019. The
company’s new, purpose-built workspace will include upgraded technology,
extensive corporate values branding, open layouts with lofty ceilings, creative
lounge areas and numerous collaboration spaces designed to enhance both the
employee and candidate experience as well as PrimeRevenue’s innovative culture
and global TEAM excellence.
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| PJ Bain |
“We are pleased to welcome PrimeRevenue to Bank of America Plaza, which has become a magnet for top talent in the heart of Atlanta’s largest tech hub,” said Christopher Caltabiano, Senior Vice President of Asset Management at Shorenstein Properties.
“The ongoing renaissance in South Midtown
combined with new state-of-the-art amenities at the building create the ideal
environment for PrimeRevenue as it enters its next chapter of growth.
"Leasing
momentum at Bank of America Plaza remains strong, and we look forward to
forging more partnerships through the remainder of 2019.”
More
than 100,000 square feet of leasing agreements have been signed at Bank of America
Plaza over the last 12 months due to increased demand for next-generation space
in south Midtown.
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| Christopher Caltabiano |
Shorenstein also recently completed a $10 million renovation to the building’s West Wing that delivered modern amenities, workspace and Marketplace 600, a 17,000-square-foot food hall.
“Having
a respected firm like PrimeRevenue, Incorporated, leave the historic core of
Midtown for a new opportunity in the SoNo district provides further proof that
the epicenter of the submarket has shifted south,” said Jeff Keppen, Executive Vice President of CBRE.
“This trend will only accelerate in the next
decade ahead as new projects that enhance walkability and raise the overall
user experience continue to come online.”
Established
in 2003, PrimeRevenue, Incorporated, has 200 plus employees around the globe,
and is dedicated to providing services for over 30,000 clients in 70 countries
to optimize their working capital and efficiently fund strategic initiatives
supporting their competitive advantage.
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| Jeff Keppen |
The company’s supply chain finance network supports more than 30 currencies on a single cloud-based, multi-lingual, cross-border network which sees a volume of more than $200 billion in payment transactions per year.
PrimeRevenue,
Incorporated, is the only supply chain finance provider offering hands-on, 24/7
global support both patent approved and pending technology.
The
crown jewel of Atlanta’s skyline, Bank of America Plaza is home to both
fast-growing tech firms such as Featurespace, Flexport, Convoy, Revel Systems,
and Riskalyze, as well as established legal and professional services firms
like Troutman Sanders and Bank of America.
Contact:
Nick Banaszak
1718 Peachtree St., Suite 1048
Atlanta, GA 30309
M: 256-457-5384
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