ATLANTA—Axiall Corporation, a chemicals and building products company, is staying put in a prime Atlanta office hub—and upgrading its space. The company inked a 49,293-square-foot lease at Northpark Town Center in North Atlanta in the Central Perimeter submarket.
Formed earlier this year with the merger of Georgia Gulf Corp. and PPG Industries’ chemicals business, Axiall will establish its corporate headquarters in the 586,256-square-foot 400 Northpark building. The company plans to move in during December and create 50 to 100 new jobs.
Jones Lang LaSalle vice presidents Eric Vayle and Keene Reese represented Axiall in the transaction. Richard Nash, a senior vice president at CBRE, represented the landlord.
“Due to the company’s staff and business growth, along with its new brand identity, Axiall was looking for an improved corporate headquarters that would provide state-of-the-art space and enhance visibility,” says Vayle. “This lease provides Axiall class A space in one of the premier office campuses in metro Atlanta, ensuring that the company has room for its ongoing growth. Axiall’s decision to maintain its corporate headquarters in the Central Perimeter submarket also reinforces its status as a leading destination for corporate headquarters in the Southeast U.S.”
Axiall currently is located in the Central Perimeter submarket, where it occupies 24,000 square feet at 115 Perimeter Center Place. In addition to the Northpark transaction, JLL helped Axiall in its simultaneous effort to establish a regional presence in Pittsburgh with a 25,000-square-foot office lease.
“We have worked hard to find class A office space that is appropriate for our larger company and that meets the needs of our employees,” says James Worrell, vice president of corporate administration and communications at Axiall. “When we combined our corporate requirements with the feedback we received from employees during the site review process, the Northpark location was the clear winner for our Atlanta headquarters.”
Worrell says that Northpark Town Center’s strategic, central location will be a great asset to Axiall’s business operations and employees, who will benefit from the business campus’s amenities and direct access to the complex from Georgia 400 and the Sandy Springs MARTA station. The 18-story 400 Northpark office tower features two garden office levels above a five-level parking garage. Building amenities include a conference center, restaurant, health club, and a news stand/shop.