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Lincoln Wins Assignment to Lease 128,837-Square-Foot Phoenix Park in Metro Atlanta

18 Oct 2013

Screen shot 2013-10-18 at 11.32.51 AMLincoln Property Company Southeast (Lincoln) has been awarded the exclusive leasing assignment for Phoenix Park, a three-building, 128,837-square-foot office complex near the Hartsfield-Jackson Atlanta International Airport in the southern part of the metro area. OA Development recently purchased the property.

Michael Howell, vice president of office leasing for Lincoln, and Jeff Henson, a senior associate in the firm’s Office Leasing Group, will lease the complex, which features a two-story medical office building and two, two-story traditional office buildings. Phoenix Park currently has an occupancy rate of 91 percent.

Lincoln provides leasing services for OA Development’s entire metro Atlanta portfolio, which now totals nearly 1 million square feet. Included in the OA portfolio is the six-building, 175,000-square-foot Royal Phoenix Business Park, which is adjacent to the Phoenix Park. At Royal Phoenix, Lincoln recently brokered a 4,726-square-foot lease with Healthcare Staffing Inc. Howell and Henson of Lincoln represented OA Development in the transaction.

“We are tremendously excited about this assignment and are extremely appreciative of the continuing confidence shown in our team by OA Development,” said Tony Bartlett, senior vice president for Lincoln who oversees the firm’s Atlanta office. “Phoenix Park is a quality asset in a good submarket, and I know Michael and Jeff will do a great job increasing value at the property for OA Development.”