Lincoln Brokers 5,600 Square Feet of Leases at 3405 Piedmont in Atlanta’s Buckhead Submarket
Lincoln Property Company Southeast (Lincoln) has brokered two leases totaling 5,600 square feet at 3405 Piedmont in Atlanta’s Buckhead submarket. Leigh Braswell, a vice president at Lincoln Property Company Southeast, and Sabrina Altenbach, a senior leasing associate with the firm, represented Colony Realty Partners, the owner of the building, in the transactions.
Included among the deals:
• Emerald Coast signed a new lease for 3,000 square feet.
• Risk Lighthouse signed a new lease for 2,600 square feet.
The Class-B, five-story 3405 Piedmont features easy access to Georgia 400, Peachtree Road, Lenox Mall and Phipps Plaza. It also offers tenants free covered parking, key-card access and 20 restaurants within walking distance. Upgrades to the building’s landscaping and finishes are underway. In addition to providing leasing services for 3405 Piedmont, Lincoln also manages the building.
The two new leases come on the heels of Adrenaline signing a 7,900-square-foot new lease at 3405 Piedmont earlier this spring. Adrenaline just moved into 3405 Piedmont, and the building’s occupancy rate is now more than 90 percent.
“3405 Piedmont is an office property that really has a lot going for it, including a recovering Class-B office market and a location in one of Atlanta’s most desirable office submarkets,” Altenbach said. “Combine those factors with our aggressive leasing and management program, and we are extremely excited about and confident in the future of this building.”
About Lincoln Property Company
Dallas-based Lincoln Property Company is one of the nation’s largest diversified commercial real estate companies, employing over 6,000 people. Since its inception in 1965, Lincoln has developed over 34 million square feet of commercial office space, over 6 million square feet of specialty retail space and 49 million square feet of industrial space. Also a leader in owned and fee management, Lincoln currently manages over 145 million square feet of commercial property. For more information on the Southeast Region of Lincoln Property Company, please visit lpcsoutheast.com.
About Colony Realty Partners
Colony Realty Partners (CRP) is a privately held real estate investment company that acquires and manages commercial real estate properties on behalf of many of the world’s leading institutional investors, including pension funds, public corporations, endowments, sovereign wealth funds, and family trusts. CRP owns four Atlanta office properties for which Lincoln provides leasing and property management services: 730 Midtown, 3405 Piedmont, Eleven Seventeen Perimeter and 3333 Riverwood.