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| The Collective at Concourse, Central Perimeter area, Atlanta, GA |
ATLANTA,
GA -- CBRE Global Investors announced it signed a full-floor, 10-year
lease at The Collective at Concourse with USI Insurance Services (“USI”), one of the largest insurance brokerages and
consulting firms in the world.
The
firm will take nearly 40,000 square feet of premium office
space at the Class A office campus known for its picturesque greenspace,
cutting-edge office space and wide array of next-generation
amenities.
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| Nicole Goldsmith |
Relocating
from Buckhead to the Central Perimeter, USI will occupy the seventh floor
of Concourse Building I and is slated to move in later this
year.
The
owner was represented by Jeff Keppen and Nicole Goldsmith of
CBRE. Pete Shelton and Andrew Waguespack of Colliers
International represented the tenant.
“The
continued growth and success of USI necessitated a search for a dynamic
work environment that would engage our workforce
and effectively address our real estate needs for the decade
ahead,” said James Dunn, regional CEO at USI
Insurance Services.
 |
| Jeff Keppen |
“The
Collective at Concourse is the ideal base for our Atlanta
team. We can fit all of our departments on a single
floor, which will strengthen USI’s ability to conduct
business with our clients locally, regionally, nationally and across the
globe.
"Our
final move-in date remains fluid given current events, but we look forward to
opening a new chapter of growth and prosperity in the Central
Perimeter.”
In
recent years, the Central Perimeter has experienced tremendous growth, emerging
as a strong contender for companies looking to establish roots in a
high-powered, well-connected region.
As
a transit node with convenient access to Atlanta’s CBD and a wealth
of retail, entertainment and dining options,
the urban-suburban district has attracted several national and
international businesses, which view the area as an ideal alternative to intown
corporate hubs such as Buckhead and Midtown.
 |
| Pete Shelton |
“We
are seeing sustained interest from world-class companies who understand
the connection between an amenity-driven, tech-focused office
space and a vibrant workplace location for a
new generation of employees,” said Mark Zikakis, Principal
and Head of Commercial Asset Management – Americas at CBRE
Global Investors.
“As
the office market undergoes significant shifts in the months and
years ahead, The Collective at Concourse is optimized to
stay ahead of the curve through a nimble and flexible framework that
can proactively address evolving tenant wants and needs.
 |
| Andrew Waguespack |
"The
future of Concourse is bright, and we welcome USI to our growing
workplace community.”
CBRE
Global Investors has executed more than 150,000 square feet
of new or expanded lease agreements since assuming ownership of The
Collective at Concourse in November 2017. The buildings are
currently 93% occupied.
About
CBRE Global Investors
CBRE
Global Investors is a global real assets investment management firm with
$108.1 billion in assets under management* as of March 31, 2020.
The
firm sponsors investment programs across the risk/return spectrum for investors
worldwide.
CBRE
Global Investors is an independently operated affiliate of CBRE Group, Inc.
(NYSE:CBRE). It harnesses the research, investment sourcing and other resources
of the world’s largest commercial real estate services and investment firm
(based on 2019 revenue) for the benefit of its investors.
CBRE Group, Inc. has more than 100,000 employees (excluding affiliates) and serves real estate investors and occupiers through more than 530 offices (excluding affiliates) worldwide.
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| Mark Zikakis |
*Assets
under management (AUM) refers to the fair market value of real assets-related
investments with respect to which CBRE Global Investors provides, on a global
basis, oversight, investment management services and other advice and which
generally consist of investments in real assets; equity in funds and joint
ventures; securities portfolios; operating companies and real assets-related
loans.
This AUM is intended principally to reflect the extent of CBRE Global
Investors’ presence in the global real assets market, and its calculation
of AUM may differ from the calculations of other asset managers.
CONTACT:
Aliya Seymour
Account
Coordinator
1718 Peachtree St.
Suite 1048
Atlanta, GA 30309
M: 678-477-3630
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