Lincoln Property Company Southeast Wins Leasing Assignment at Marietta Technology Center

6/28/18

Lincoln Property Company Southeast (Lincoln) has been awarded the leasing assignment for two office/flex buildings at Marietta Technology Center, formerly known as Newmarket Business Park. Jeff Henson and George Gwaltney of Lincoln will handle leasing on behalf of the owners, Praelium Commercial Real Estate and South Street Partners.

2110 Newmarket Parkway Southeast, a 40,530-square-foot, two-story office building, is available for lease or purchase. The 2.45-acre site offers flexible floor plates, allowing a user to occupy all or a portion of the building, leasing the remainder to other tenants. It also features prominent monument signage, main building signage, surface parking, well-capitalized ownership and 24/7 roving security throughout the park.

2121 Newmarket Parkway Southeast is available for lease. The single-story office/flex building totaling 85,685 square feet offers spaces ranging from 2,141 square feet up to 9,694 square feet. The property offers prominent monument signage, on-site attentive property management and engineering, ample free surface parking, tenant-controlled utilities, full-height floor to ceiling windows, grade-level loading, well-capitalized ownership and 24/7 roving security.

Both buildings are located within the Marietta Opportunity Zone.

On the heels of this transition, Lincoln has secured a new lease at 2121 Newmarket Parkway Southeast. THS National, LLC who will occupy 4,103 square feet at the building. Lincoln’s Henson and Gwaltney represented the landlord.

“As Cobb County continues to experience explosive growth, most recently the Atlanta United practice facility and the new IKEA location coming to the immediate area off Franklin Gateway, we are confident that Marietta Technology Center will offer the prime location, amenities and connectivity employers are seeking,” said Lincoln’s Henson. “In addition to this, it’s located within the Marietta Opportunity Zone, which offers incredible incentives for employers creating new jobs. All of this makes Marietta Technology Center a great opportunity for employers looking to expand in the area.”

Marietta Technology Center offers exceptional access to nearby amenities, including the iconic SunTrust Park and The Battery, Cumberland/Galleria business district, Cumberland Galleria Mall, Vinings Jubilee, Cumberland Galleria Convention Center, Cobb Galleria Performing Arts Center and many nearby residential communities. Marietta Technology Center also offers market-leading egress and ingress to I-285 and I-75 with multiple points of access to and from the project.

The Marietta Opportunity Zone provides a $3,500 tax credit per eligible net new job created. This is available to be claimed for five years with a 10-year carry provision.

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 250 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.

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