Piedmont Secures Lease at Atlanta Office Campus

The deal brought Atlanta Galleria Office Park to 90 percent occupancy.

The landlord owns five office buildings within Atlanta Galleria Office Park. Image courtesy of Piedmont Office Realty Trust Inc.

GE Vernova, General Electric Co.’s planned spinoff, has signed a 77,000-square-foot lease at Galleria 600, a 432,000-square-foot Class A office building in Atlanta’s Galleria submarket. The tenant committed to the tower through 2036. Piedmont Office Realty Trust Inc. owns a total of five buildings within the Atlanta Galleria Office Park, including Galleria 600.

GE Vernova will join other tenants at the property such as DHR Global, Crawford Investment Counsel, Futurity First Insurance Group and Warbird Consulting Partners, CommercialEdge data shows.

With this commitment, the office complex reached 800,000 square feet of new leases signed since 2020, including 10 new corporate offices or regional relocations, said Piedmont’s Executive Vice President for The Southeast Region, Alex Valente, in prepared statements. He also noted that GE Vernova’s deal also brought the 2.1 million-square-foot complex to 90 percent occupancy. JLL’s team of Jeff Bellamy, Claire Ross and Adam Viente are the leasing agents for the five office buildings.

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Locates at 600 Galleria Parkway, the 19-story office building includes 25,721-square-foot floor plates, eight passenger elevators, 3,000 square feet of retail space, a fitness center and 1,502 vehicle parking spots, according to CommercialEdge data. The owner picked up the property in 2019 in a $218 million deal from State Teachers Retirement System of Ohio, the same source reveals.

Piedmont Office Realty Trust, Inc.’s other properties include the 415,000-square-foot Galleria 100, the 431,614-square-foot Galleria 200, the 432,934-square-foot Galleria 300 and the 432,000-square-foot Galleria 400. Amenities at Atlanta Galleria Office Park include a 10,000-square-foot fitness center, hospitality-inspired lobbies, conference facilities, food and beverage services and outdoor collaboration spaces.

Office leasing in metro Atlanta

The 20-acre campus is close to interstates 75 and 285, while being connected to Truist Park and The Battery through a pedestrian bridge. The property is 10 miles from Marietta, Ga., 12 miles from downtown Atlanta and within 21 miles of Hartsfield-Jackson Atlanta International Airport.

One of the recent high-profile leases in the area was Morgan Stanley’s 100,000-square-foot extension at The Edison, a two-building office campus in Alpharetta, Ga. The company expanded its original 116,000-square-foot lease, now fully occupying the Class A office campus.

In July, JLL became the exclusive leasing agent for The Proscenium, a Class A office tower totaling 521,000 square feet in Atlanta. The 24-story building is owned by Manulife Investment Management.

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