By Tudor Scolca
First Data Corp., a global payment technology solutions company, has signed an eight-year lease for 50,900 square feet of space at Zamir Equities’ office building in Marietta, Ga. Avison Young arranged the deal on behalf of the landlord. The building is currently 100 percent occupied.
Located at 1600 Terrell Mill Road S.E., adjacent to Interstate 75, the building sits on a 17.3-acre site and offers 253,096 square feet of rentable space. Leases range from 8,000 square feet of divisible space to 50,000 square feet of contiguous space.
First Data Corp. has another space leased in the building, totaling 62,385 square feet. The other tenants are Quintiles and Everest.
Originally built in 1980, the property was acquired by Zamir Equities for $32.2 million in 2008. A complete cosmetic renovation was finalized a few months later.
“Terrell Mill road is ideally situated with two access points to I-75 and is within proximity to multiple restaurants, amenities and attractions. The Cumberland/Galleria submarket is experiencing some of Atlanta’s fastest growth and strongest demand as illustrated by this building’s 100 percent occupancy,” said Jillian Woodliff Bailey, associate at Avison Young, in a prepared statement.
Image courtesy of Yardi Matrix