Shorenstein Inks Lease with Flexport and Two Others at BOA Plaza, Southeast’s tallest office tower, in Midtown Atlanta, GA

Bank of America Plaza, North Avenue Smart Corridor, 
Midtown Atlanta, GA

 ATLANTA, GA – Shorenstein Properties announced a trio of new and expanded lease agreements at Bank of America Plaza, an iconic Class A office tower in Midtown Atlanta situated in the heart of the North Avenue Smart Corridor.

Totaling more than 42,000 square feet of new occupancy, the signings mark the latest signal of renewed confidence in Atlanta’s office market as companies across the region reaffirm their commitment to maintaining their physical footprints while proceeding with workplace reentry plans.

 Jack H. Corey

Flexport, a multi-billion dollar global logistics-technology company, added an additional 25,000 square feet to its multi-floor lease (73,987 total SF) originally signed in 2018.

The company plans to expand its Atlanta presence over the coming years.

 

Flexport will occupy one of the new high-tech spec suites at BOA Plaza, with the loft-style offices and spacious floorplans attracting a variety of users that have signed full-floor leases since the program launched.

Nicole Goldsmith

“We are thrilled to expand our relationship with Flexport as they embark on the next chapter of their growth campaign in Atlanta,” said Jack Corey, Vice President at Shorenstein Properties.

Bill Hansen

 “This agreement reflects continued healthy demand we are seeing for best-in-class office properties that offer a community-driven workplace experience with proximity to walkable amenities and top professional talent.

 "Bank of America Plaza’s spec suite program has been a key differentiator that is even more relevant now as companies return to the office and reevaluate how to create workspaces that align with the new expectations of today’s workforce.

"We anticipate continued growth at the building as we progress through the remainder of 2021 and beyond.”

Jeff Keppen

Flexport is scheduled to move into its new workspace in Q4 this year.

“We’re still finalizing how Flexport will work as a result of the pandemic, but one thing is certain – Flexport is committed to maintaining a strong office presence in Atlanta and couldn’t be happier about partnering with Shorenstein on our Atlanta expansion,” said Bill Hansen, Flexport’s Global Head of Real Estate.

“As we continue to grow our global workforce, maintaining strong relationships with landlords is a key piece of our strategy.”

 Flexport currently utilizes a global portfolio of offices and warehouses supporting their mission to make global trade easier.

 Allisson Bittel 

In addition to Flexport, other new tenants and lease expansions at the building include:

·      Witherite Law Group – new lease (11,367 SF)

·      Cognizant – expansion (5,786 SF)

Heather Lamb 

Jeff Keppen and Nicole Goldsmith of CBRE represented Shorenstein in all three transactions.

 R.J. Zurak (CBRE) represented Flexport.

 R.J. Zurak 

Allisson Bittel and Heather Lamb (Colliers) represented Witherite, and Kevin Caroll (CBRE) represented Cognizant, which is consolidating its other Atlanta locations at the building.

BOA Plaza is directly adjacent to the North Avenue MARTA rail station and offers immediate north and south access to Interstates 75 and 85.

 

Mercedes-Benz Stadium, World of Coca-Cola, Ponce City Market and the Georgia Institute of Technology are all within close proximity to the building.

 

Kevin Caroll

More than 63 restaurants are also located within five blocks of the tower, including Publik Draft House, Edgar’s Proof & Provision, Baraonda Ristorante & Bar and Livingston.

 

Shorenstein also recently kicked off construction for a new community greenspace at BOA Plaza that will open this fall.

 The 1.2-acre urban park will incorporate a variety of trees and other plant life, creating a new front door that connects Atlanta’s most iconic building to the surrounding neighborhood through a series of pristine outdoor spaces that tenants, building visitors and pedestrians will all be able to enjoy.

 

           

Contact:

 

Nick Banaszak, Vice President

www.thewilbertgroup.com

m: 256.457.5384