Cushman & Wakefield announced today that its Atlanta Agency Leasing Group has closed a total of seven leases at Piedmont Center North, including a lease of 12,523 square feet with Salesfusion and a 20,000-square-foot renewal and expansion with Private Bank of Buckhead. Located at 3565 Piedmont Road NE in the Buckhead submarket of Atlanta, Piedmont Center North features five Class A office buildings.
“The number of leases Cushman & Wakefield has closed on behalf of landlord during the month of December is reflective of improving market conditions in Buckhead,” said Chuck Francis, Leasing Director at Cushman & Wakefield, who worked with C&W colleague Kyle Kenyon to close the seven leases. “The strong leasing momentum is a testament to the office park’s prime Buckhead location and Class A amenities, as well as the landlord’s willingness to complete deals.”
Private Bank of Buckhead signed an 11-year renewal for 9,966 square feet and an expansion for 10,348 square feet, for a total of 20,314 square feet of space in Piedmont Center Three. The bank, which recently celebrated its seventh anniversary, continues to expand its service lines and customer base. The bank is a U.S. Small Business Administration preferred lender and offers a mortgage division, which accounts for the recent expansion, as well as a Decatur location, Private Bank of Decatur.
Salesfusion, a rapidly growing marketing automation software provider, will more than double its footprint by relocating from 1 Concourse Parkway in the Central Perimeter submarket to 12,523 square feet in Piedmont Center Two. The firm, which was represented by Ryan Bowie of ICON Commercial Interests, signed a six-year lease and is expected to take occupancy March 1.
“Salesfusion will occupy loft space in Piedmont Center Two, and we’re finding that this type of office space, with its open design and collaborative features, is particularly attractive to newer companies with a high percentage of young employees,” said Kyle Kenyon. “The free covered parking, a rarity in the premier Buckhead submarket, is another key amenity that appealed to the firm.”
Cushman & Wakefield also closed leases for loft office space with two other new tenants – Rising Roll (1,832 square feet in Piedmont Center Four) and ExecuSource (1,852 square feet in Piedmont Center Three).
The exceptionally active leasing activity in the office park also included three leases in Piedmont Center Fifteen: Partners Group (2,819-square-foot expansion), HudsonParrottWalker (1,575 square-foot expansion) and Redmond Law (3,473 square feet).
Steve Webb – The Gove Network
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