Transwestern Awarded Denholtz Associates' Georgia Office Portfolio Leasing Assignment

Portfolio totals 443,504 square feet across seven metro Atlanta buildings

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Jul 27, 2012, 03:30 ET

ATLANTA, July 27, 2012 /PRNewswire/ -- Transwestern's Atlanta office announced it has been awarded the leasing assignment for Denholtz Associates' Georgia portfolio, consisting of 443,504 square feet of office and flex buildings.

Properties in the portfolio include:

1776 Peachtree Street, a newly renovated 216,735 square foot office building in lower Buckhead along the Peachtree Corridor;
3135 and 3145 Avalon Ridge Place, two single-story office buildings totaling 53,291 square feet located in Avalon Center Office Park in the Peachtree Corners submarket;
5075 and 5085 Avalon Ridge Parkway, two flex buildings totaling 55,906 square feet located in Avalon Ridge Business Park in the Peachtree Corners submarket;
11455 Lakefield Drive, a 59,746 square foot flex building located in the Johns Creek submarket; and
Southlake Corporate Center, a 57,826 square foot office building located in the North Clayton/Atlanta Airport submarket.

Transwestern's Kari Downing, assistant vice president, Matt Spickard, senior vice president and Greg Frankum, director of agency leasing, are the exclusive leasing agents.

"Reinforced by Denholtz's commitment to providing the highest quality of service to its tenants, I am confident that our team will effectively reintroduce all seven assets and their available space into the marketplace," said Bruce Ford, president of Transwestern's Southeast region.

Denholtz Associates recently reached a renovation milestone in its $5 million capital improvements initiative for the 1776 Peachtree Street property. The building features twin seven-story towers connected by a four-story skywalk. Renovations in the south tower are in progress, including new corridors, spec suites, exterior painting, and mechanical system upgrades. Similar renovations to the north tower are planned. The building's available spec suites range in size from 1,500 square feet to a unique 12,000 square foot plug-and-play opportunity.

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SOURCE Transwestern