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ATLANTA-Consulting firm Deloitte has signed a 260,000-sf renewal and expansion for space at One Ninety One Peachtree Tower in Downtown. With the lease, Deloitte renewed 100,000 sf and expanded its long-term space in the building by 160,000 sf. Not included in the long-term lease is an additional 24,000 sf the company is leasing on a temporary basis.

A Deloitte spokesman tells GlobeSt.com that the nature of the company’s business requires employees to travel frequently. Therefore, One Ninety One Peachtree Tower was selected due to its Downtown location, which provides more convenient access to the Hartsfield-Jackson International Airport. “Downtown is an ideal location because, if we were in Midtown or Buckhead, it would make the commute to the airport longer.”

Deloitte employs 2,000 people in Atlanta and currently occupies space at One Ninety One Peachtree Tower and 285 Marquis Center. The company plans to consolidate its employees into One Ninety One Peachtree Tower, but a timetable for the consolidation has not yet been determined, the spokesman says. “We’re going to build out the additional floors that we’ll occupy in the building.”

With the lease, One Ninety One Peachtree Tower–which is owned by locally based Cousins Properties Inc. –is 87% leased. Since acquiring the building in September 2006, Cousins has signed more than 650,000 sf in new leases to tenants including Il Mulino; Synergy Workplaces; HOK Group; Atlanta Equity Investors; Harold A. Dawson Co.; Morgan & Morgan; Grey Global; Cooper Carry; Ogletree, Deakins, Nash, Smoak & Stewart P.C.; Merchant & Gould; Fields, Howell, Athans & McLaughlin and Cousins Properties. When Cousins acquired the property, it was 51% leased.

“Reaching an agreement with Deloitte to consolidate in One Ninety One is a milestone for this building,” says Cousins chairman and CEO Tom Bell, in a released statement.

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