Why ULI Picked Downtown Atlanta Office Space

ATLANTA—The Urban Land Institute (ULI) is all about the responsible use of land. So where did ULI Atlanta turn for office space? Peachtree Center, an iconic six-tower, 2.5-million-square-foot mixed-use property in Downtown Atlanta.

ULI Atlanta moved into its space on March 30, relocating from he suburban Cobb County. Banyan Street Capital owns Peachtree Center.

“Our organization works hard to promote the development of walkable communities, and so when we're looking for our new home, we knew we had to 'walk the walk,' so to speak, and locate in just such a site,” says ULI Atlanta executive director Sarah Kirsch. ULI Atlanta's office will be in the South Tower.

“Peachtree Center offers one of the most energetic walkable environments in the city, and provides our employees and guests with a wonderful array of amenities, such as the restaurants and the retail shops,” he says. “We've also been very impressed with the ongoing improvement program at the property and are excited about Banyan Street's future renovation plans for the property.”

Kirsh says the downtown location allows ULI Atlanta to be closer to more of its members, and the office will have space for members to “hotel” for a few hours and get work done. He described Downtown Atlanta's energy level as “unparalleled” and called it a “great environment for us to carry out ULI's mission.”

JLL senior vice president Kay Younglove, vice president Michael Werner, and leasing associate David Horne represented Banyan in the transaction. No other brokers were involved in the deal.

“Downtown and Peachtree Center are great fits for ULI, and we really feel like there's a partnership between the organization and the team here at Peachtree Center,” says Younglove. “We continue to build new momentum for this landmark property and look forward to undertaking more building improvements later this year to push that momentum even further.”