PLANO, TX-After considering other options for its regionalheadquarters, Intuit Inc. has renewed its lease for 166,235 squarefeet at The Campus at Legacy.
The Palo Alto, CA-based software company inked a 15-year leasefor the entire class A building located at 5601 Headquarters Dr.The new deal decreases the firm’s occupancy costs by 20% to 30%,according to Scott Collier, a managing director with Jones LangLaSalle.
Collier represented Intuit in lease negotiations, along withSteve Thelen, also a managing director with Jones Lang LaSalle. Thebuilding owner, Atlanta-based Piedmont Office Realty Trust, wasrepresented internally by Damian Miller.
Continue Reading for Free
Register and gain access to:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
*May exclude premium content
Already have an account?
Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
