{"id":1004174337,"date":"2017-04-26T23:54:26","date_gmt":"2017-04-27T07:54:26","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004174337"},"modified":"2022-12-06T22:25:13","modified_gmt":"2022-12-07T06:25:13","slug":"renovated-atl-office-building-lands-new-leases","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/renovated-atl-office-building-lands-new-leases\/","title":{"rendered":"Renovated ATL Office Building Lands New Leases"},"content":{"rendered":"

By Veronica Grecu<\/em><\/p>\n

\"One<\/a>

One Glenlake<\/p><\/div>\n

New York-based Columbia Property Trust recently announced that, over the past six months, leasing activity has been intense at its One Glenlake building located in Atlanta\u2019s Central Perimeter submarket.<\/p>\n

The 351,000-square-foot property recently went through a $3 million complex renovation project. As a direct result, five new tenants signed leases for more than 92,000 square feet of space here since November 2016, bringing the building\u2019s occupancy to 94 percent. According to Yardi Matrix, rents at One Glenlake range between $31 to $33 per square foot annually.<\/p>\n

Located just off Highway 400, adjacent to Newell Brands Inc. and Mercedes Benz\u2019s new U.S. headquarters, One Glenlake was developed by Pope & Land for Granite Properties and completed in the spring of 2003. Columbia Property Trust acquired the 14-story building for $80 million in June 2004.<\/p>\n

In 2015, the company teamed up with design firm Indigo Collective and architecture and design firm Gensler to reposition the building and mobilize\u00a0the ground level floor for tenant use\u00a0and create\u00a0spaces where employees can work outside their traditional offices. The renovation and modernization process resulted in an enhanced lobby that features a communal table, floor-to-ceiling windows to maximize daylight, mid-century modern furniture and locally curated art work.<\/p>\n

Following the current\u00a0renovations, the One Glenlake amenities include a caf\u00e9 and a conference center with catering kitchen, a daycare center, ATM, carwash and dry-cleaning services, and a fitness center. The building also includes 1,158 covered parking spaces in a multi-level structure.<\/p>\n

“Our repositioning of One Glenlake has raised the bar in the Central Perimeter area,\u201d<\/em> said Nelson Mills, president and CEO at Columbia Property Trust, in prepared remarks. \u201cWorking with Indigo Collective and Gensler, we\u2019ve been able to create an innovative, best-in-market experience that has accelerated momentum and enabled us to reach our leasing goals for this building within only a few months of the project\u2019s completion,\u201d<\/em> he added.<\/p>\n","protected":false},"excerpt":{"rendered":"

Five new tenants signed leases for a big chunk of space at one of Columbia Property Trust\u2019s office assets in Atlanta.<\/p>\n","protected":false},"author":258,"featured_media":1004174341,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1489,21784,21742,21747],"tags":[35196,33221],"class_list":["post-1004174337","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-atlanta","category-brokerage","category-latest","category-office","tag-central-perimeter-submarket","tag-columbia-property-trust-inc"],"acf":[],"yoast_head":"\nRenovated ATL Office Building Lands New Leases - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/renovated-atl-office-building-lands-new-leases\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Renovated ATL Office Building Lands New Leases\" \/>\n<meta property=\"og:description\" content=\"Five new tenants signed leases for a big chunk of space at one of Columbia Property Trust\u2019s office assets in Atlanta.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/renovated-atl-office-building-lands-new-leases\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2017-04-27T07:54:26+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-12-07T06:25:13+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/04\/One-Glenlake.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"640\" \/>\n\t<meta property=\"og:image:height\" content=\"512\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Veronica Grecu\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@VeraGrecu\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/renovated-atl-office-building-lands-new-leases\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/renovated-atl-office-building-lands-new-leases\/\",\"name\":\"Renovated ATL Office Building Lands New Leases - 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With more than 10 years of experience in the real estate industry, she covers a variety of topics in residential and commercial real estate, including trends and industry news. Previously, she was involved in producing content for Multi-Housing News, Commercial Property Executive and Yardi Matrix. 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