Amdocs, Inc. has signed a 1,901-square-foot lease expansion at 600 Northwinds, a Class A office building located in Alpharetta, Georgia. In conjunction with the expansion, Amdocs, Inc. has also renewed its existing 34,990-square-foot lease, and now occupies 36,891 square feet at the building.
Michael Howell and Hunter Henritze of Lincoln Property Company Southeast (Lincoln) represented the landlord, Equity Office, in the transaction. Pete Shelton of Colliers International represented the tenant.
“With nearly 800,000 square feet of net absorption in 2015 and almost 100,000 square feet of net absorption in the first quarter of 2016, the Class A vacancy rate in North Fulton has dropped below 12 percent and is trending towards single digit vacancy,” Howell said. “With unrivaled accessibility to GA 400 and a robust mixed-use environment, Northwinds Office Park is the premier office campus in North Fulton.”
600 Northwinds is a six-story, 148,058-square-foot office building located at 11675 Rainwater Dr. within Northwinds Office Park a 258-acre mixed-use development featuring two hotels, four banks, nine restaurants, two newly renovated fitness facilities, a daycare/learning facility and six free conference/training facilities.
About Lincoln Property Company
Dallas-based Lincoln Property Company is one of the nation’s largest diversified commercial real estate companies, employing over 6,800 people in 32 states and 10 countries in Europe. Since its inception in 1965, Lincoln has developed over 128 million square feet of office, industrial, and retail projects as well as 209,000 apartment units. Stemming from its development and ownership background, Lincoln's operating platform seamlessly integrates its various service lines, provides for consistent and measureable performance and utilizes cutting-edge technology over its 350+ million square feet of managed assets.
For more information on the Southeast Region of Lincoln Property Company, please visit lpcsoutheast.com. To check out the blog, go to www.lpcsoutheast.com/blog.
