Thank you for sharing!

Your article was successfully shared with the contacts you provided.

ATLANTA-Dunwoody, GA-based APAC Inc. opens a service center to be shared by several of its highway construction companies in 27,019 sf at 100 Windward Plaza, a 132,250-sf building in suburban Alpharetta, GA owned by locally based-Holder Properties.

Peter Webster and Jason Chartrand of Staubach Co.’s local office represented APAC in the lease negotiations. No one at Holder, Staubach or APAC would disclose the terms.

GlobeSt.com research, however, pegs the rental rate at between $18 per sf and $20 per sf, based on current area rentals. That would give the estimated 10-year lease an aggregate value of $5.13 million.

APAC is a subsidiary of Ashland Inc., a Covington, KY-based conglomerate that ranks in the upper half of the Fortune 500. The Ashland subsidiary’s service center will open this month with a staff of 30 and expand to 170 over the next two years.

The space was vacated when Menlo Park, CA-based E*Trade, a publicly traded online brokerage and financial services company, terminated its lease. E*Trade recently came under fire for excessive compensation packages and losses in both revenue and stock value.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

Dig Deeper


Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.