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Lincoln Property Company Southeast Secures Lease Renewals and Expansion at Park Central

05 Nov 2020

Lincoln Property Company Southeast (Lincoln) has negotiated two lease renewals at Park Central, a 213,165-square-foot office park in the North Druid Hills/Northlake submarket of Atlanta. Lincoln’s Matt Fergus, Hunter Henritze, Michael Howell and Caroline Fisher handle leasing on behalf of the owner, TerraCap Management, LLC.

Peak Campus renewed nearly 13,000 -square-foot lease, represented by Allison Bittell of Colliers. Hughes Turner Phillips Associates, LLC extended and expanded its lease, now occupying almost 4,000 square feet at the building, represented by Rob Coatsworth and Jeff Richardson of CTR Partners.

“As tenants continue to carefully evaluate the needs of their employees during this time, we are optimistic about the ongoing interest and high retention rates at Park Central,” said Lincoln’s Fergus. “With immediate access to surrounding amenities and a strong talent pool, Park Central offers a well-connected setting for tenants like Peak Campus and Hughes Turner Phillips to thrive.”

Located inside Perimeter at Clairmont and North Druid Hills, Park Central provides a state-of-the-art facility for a variety of office tenants. Just minutes away from the new GA-400 flyover bridge and I-285, the building offers easy access to a number of public transit options and major highways. Following the purchase of the building in 2018, TerraCap invested nearly $3.4 million in renovations, including upgrades to building systems, common areas and amenities. Additional property features include free covered parking, an on-site café, fully equipped fitness center, 24-hour building security and conference center.  Available spaces at Park Central range in size from 1,492 to 11,245square feet.