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Lincoln Secures Two New Leases at Parkwood Point in Atlanta, Brings Property to 97 Percent Occupancy

12 May 2016

Lincoln Property Company (Lincoln) has secured two new leases totaling 8,341 square feet to bring the occupancy at Parkwood Point, an office building located at 2018 Powers Ferry Road in Atlanta, to 97 percent. Michael Howell and Matt Davis of Lincoln represented the landlord in the transactions.

  • Stokes, Carmichael & Ernst, LLP signed a new lease for 6,887 square feet. Hansell Rodenberry and Wes Vaughn of Cresa Partners represented the tenant.
  • Transportation Insurance Experts signed a new lease for 1,454 square feet.  Waguespack of Colliers International represented the tenant.

“Well-located, Class A office buildings in Atlanta’s northwest submarket continue to be in high demand,” Howell said. “Parkwood Point’s asset quality, amenity base and proximity to the interstate system make the building highly desirable to tenants actively seeking office space in the northwest submarket.”

Parkwood Point is located directly across from the Wildwood development and the Chattahoochee National Recreation Area and offers a wide array of amenities including on-site security, a fitness facility, building café, electric vehicle charging stations, and an on-site car wash. The building also features a structured parking deck with 4.5 spaces per 1,000 square feet, immediate access to I-75 and I-285, and numerous restaurants within walking distance.