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