CP Group announced that it has executed five new lease agreements at Paces West, its 18-story, 640,000-square-foot office tower in Atlanta, Georgia.
The incoming tenants, whose agreements were all finalized in the first half of 2023, are as follows:
Jeff Bellamy and Adam Viente from JLL represented the landlord in each transaction.
Three of the five new tenants executed leases on newly completed, move-in-ready spec suites. As part of its ‘worCPlaces’ flexible workspace offering, CP Group designs customized suites to meet the needs of companies seeking move-in ready, yet scalable, office environments for evolving teams. The firm is set to deliver six new spec suites at Paces West by the end of the year, including the three that will be occupied by incoming tenants.
“Corporate employers are no longer looking for just a physical workspace; they’re seeking holistic, productive environments that can accommodate their immediate, fast-evolving needs and long-term business goals,” said Brendan McGee, Director of worCPlaces at CP Group. “We’ve continued to see high demand for these customizable and adaptable environments. Consequently, the leasing momentum in a market like Atlanta has nearly outpaced our ability to construct these custom suites.”
Paces West’s prime location is just two miles west of I-75 and offers immediate access to I-285. The building is a short drive to Truist Park, home of the Atlanta Braves, and the Cobb Energy Performing Art Center. It is also within walking distance to numerous hotels, restaurants, and a boutique shopping center.
Current amenities at the property include a fitness center with locker rooms, showers, and yoga rooms; a cafe and coffee shop; on-site banking, dry cleaning, and car wash service; two conference rooms; and 24-hour manned security.
CP Group’s worCPlaces “Spec Places” offering is under construction across the firm’s portfolio and offers suites in several of the firm’s Atlanta holdings, including Bank of America Plaza, 5600 Glenridge, One and Two Ravinia, and Lakeside Office Park, which also offers coworking and flex space options as part of CP Group’s worCPlaces offering.
To learn more about the property, visit: www.paceswestatl.com/.