ATLANTA—Three lease deals totaling more than 77,000 square feet have pushed the office leased rate at the One Ninety One Peachtree Tower building here to 92%.
The rate is the highest level the property has enjoyed since Atlanta-based Cousins Properties Inc. acquired the building in 2006. At the end of 2013, the leased rate at the office tower stood at 87%.
The largest lease deal was with accounting firm Dixon Hughes Goodman, LLP, which leased 51,066 square feet at the 50-story, 1.2 million square-foot Class A office tower in downtown Atlanta. The tenant was represented by John Shlesinger and Ellen Stern with CBRE, Inc.
Also helping boost the leased rate at the property was the Association County Commissioners of Georgia's 17,956-square-foot deal. The association was represented by Addison Meriwether and Allison Bittel of Cushman & Wakefield.
In addition, law firm Hall Booth Smith, P.C., a tenant at One Ninety One Peachtree since 2009, expanded by 8,100 square feet and now leases a total of 64,359 square feet at the building. Hall Booth Smith was represented by Addison Meriwether of Cushman & Wakefield.
“We appreciate the vote of confidence from these well-respected companies and are thrilled to announce their addition to an already outstanding tenant roster at One Ninety One Peachtree,” says Larry Gellerstedt, president and CEO of Cousins Properties. “Our recent leasing activity truly demonstrates how One Ninety One Peachtree continues to be the office location of choice in our vibrant downtown community.”
© Touchpoint Markets, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more inforrmation visit Asset & Logo Licensing.