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Lincoln Property Company Southeast Brokers 17,500 Square Feet in New Leases at Eleven Seventeen Perimeter

04 Mar 2013

Lincoln Property Company Southeast has brokered two new office leases totaling 17,500 square feet at Eleven Seventeen Perimeter, a five-story, Class-A building located in the Perimeter submarket of Atlanta. Leigh Braswell, vice president of Lincoln Property Company Southeast, and Sabrina Altenbach, a leasing associate with the firm, represented the landlord in both of the deals.

The transactions are as follows:

• Experian, a provider of consumer and business credit reporting and marketing services, has signed a long-term lease for 12,000 square feet that will begin on April 1. Tim McCarthy and Chris Wagner of Jones Lang LaSalle represented the tenant.

• Signature Management, a firm that develops, finances and manages multifamily communities, has signed a long-term lease for 5,500 square feet. The lease begins on March 1. Tom Wesley of The Wesley Co. represented the tenant.

The space leased by Signature Management required a proactive approach to encourage leasing, and Lincoln Property Company aggressively recommended certain “make ready” improvements, which the landlord acted on and which directly led to a new lease being executed within 30 days of the work being completed.

“We continue to be pleased with the activity at Eleven Seventeen Perimeter,” said Tony Bartlett, senior vice president of Lincoln Property Company Southeast. “Experian and Signature are great fits for this building, and these transactions are just the latest example of the outstanding job Leigh and Sabrina have done in creating value for our landlord client.”