Piedmont Expands Occupancy Rate at The Medici Building

By GlobeSt News Hub

Print Email Share Reprints News Tip? Get Alerts

ATLANTA-Piedmont Office Realty Trust has increased the occupancy rate at The Medici building in Atlanta from 15% to nearly 29%. The REIT purchased the six-story building in a foreclosure auction six months ago for $13.2 million.

In the past months, Piedmont leased 14,683 square feet to Medicraft for 11 years and 8,753 square feet to Higher One for over 10 years. Medicraft was represented by CBRE Inc. and Higher One was represented by CresaPartners, while Cassidy Turley represented the landlord in both deals. For the full story, go to Atlanta Business Chronicle .

GlobeSt.com News Hub is your link to relevant real estate and business stories from other local, regional and national publications.

Categories: Southeast, Office, Leasing, Scope, Atlanta