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LPC Southeast Inks New Lease with Moneypenny at Duluth Office Building

06 Aug 2020

Lincoln Property Company Southeast (Lincoln) has secured a 27,906-square-foot lease with Moneypenny, a leading answering service company and trademark of Callitech Limited, at Spectrum 2915 in Duluth, Ga. Lincoln’s Matt Davis and Hunter Henritze represented the owner, TerraCap Management.

 

“As one of the fastest growing markets in Georgia, Gwinnett County has seen an uptick in office demand over the past few years, resulting in a highly competitive landscape,” said Lincoln’s Davis. “This lease with Moneypenny marks true positive net absorption within the market, which is a major win for Spectrum 2915, especially given the current business climate.”

Spectrum 2915 is one of two recently renovated and rebranded buildings within the Business Park at Sugarloaf, a master-planned office park featuring nearly 500,000 square feet of Class-A space. In April, Lincoln and TerraCap announced the dramatic transformation of Spectrum 2905 and 2915 Premiere Parkway. This investment included the delivery of four brand-new spec suites, three of which are available for lease, ranging in size from 1,509 square feet to 4,173 square feet.

“With the recent renovations and overall rebrand of Spectrum 2905 and 2915, our goal was to facilitate a sense of community and interaction in a modern and professional environment, while best serving the needs of today’s office user,” said Matt Stewart, director of asset management at TerraCap. “We are thrilled by the outcome of the spec suites and are pleased by Lincoln’s steady leasing activity at the property.”

Available spec suites at Spectrum 2915 feature a mix of open-ceiling concepts, floor-to-ceiling glass walls, solid surface countertops and top-of-the-line finishes throughout. In addition to the remaining spec suites, several second-generation spaces in Spectrum 2905 are available for lease.

Located just off I-85 at Sugarloaf Parkway, Spectrum offers immediate access to fine and casual dining, the Infinite Energy Center and more in the heart of Gwinnett County.