GDOT Takes 284,000 SF at One Georgia Center

ATLANTA-In one of the largest office lease deals in the city this year, the Georgia Department of Transportation has signed a 284,000-sf lease for space at One Georgia Center at the intersection of North Ave. and W. Peachtree St. The lease will allow the department to consolidate its headquarters employees from three locations into one.

“It has been my goal throughout the department’s relocation process to provide our general office employees a more functional, easily accessible and modern workplace,” says Georgia Transportation commissioner Harold Linnenkohl. “One Georgia Center is such a location.” The department was represented by the Georgia Building Authority.

With the lease, Cousins Properties’ One Georgia Center will be 100% occupied. At the end of the second quarter, the building was 43% occupied. Most of the space the department will occupy is vacant, but some of the space is filled with existing tenants that plan to relocate, a Cousins Properties Inc. spokesman tells GlobeSt.com. “This was one of the largest vacancies in our portfolio, so securing this lease was important,” he says. “It’s important for the building, but it’s also gratifying to be able to meet the department’s space needs.”

The department will begin moving into the space by the end of the year. The move will be accomplished in phases. “This was a competitive and challenging deal,” says Cousins’ office/multifamily division president Larry Gellerstedt, in a prepared statement. “The GDOT lease will give the agency the modern efficient office space and also fill a significant vacancy in our Atlanta office portfolio.”