Coworking leader signs deal for 57,921 square feet at Forsyth County’s mixed-use village, bringing Halcyon’s first phase of office space leased to 100%
RocaPoint Partners today announces international coworking provider WeWork has signed on at Halcyon. WeWork will lease the top two floors of Halcyon’s four-story 1200 Building, which is located above street-level retail, adjacent to ample parking and the development’s greenspace, and fortifies the coworking powerhouse’s recent entrance into the suburban Atlanta market. This lease brings the total office space leased for Halcyon’s first phase to 100%.
With this deal, WeWork is well on its way to leasing 1 million square feet of space across 12 premier locations in metro Atlanta, including Coda, Colony Square, 101 Marietta and 725 Ponce. WeWork’s expansion to Halcyon comes on the heels of its announcement to lease its first suburban office space at 1155 Perimeter Center West near the Sandy Springs MARTA station.
“From day one, WeWork’s model for modern coworking and the vision for Halcyon have both been rooted in a common denominator: community,” said Phil Mays, principal at RocaPoint Partners. “We believe the creativity and entrepreneurial energy of WeWork’s diverse member base will be a symbiotic addition to the village.”
Halcyon includes 250,000 square feet of Class-A office space located in the Cumming-Forsyth submarket of Atlanta with access to Georgia State Route 400. With the new trailhead for the Big Creek Greenway located on-site, the 135-acre development appeals to office users who want to get around by car, bike or foot. Halcyon also includes on-site conference space, fitness studios, Wi-Fi-connected pocket parks, retailers, restaurants and 665 new residences all within walking distance.
“As growth and economic development continue to transform the landscape of Forsyth County, Halcyon will be a leader in bringing new jobs and offerings to the community,” said Dennis Brown, Forsyth County District Two commissioner. “Halcyon’s strong mix of restaurant, retail and entertainment offerings will be a drawing factor as companies look to venture outside of the Perimeter into highly amenitized settings and we look forward to the positive impact it will have on our community as a whole.”
Tom Miller and Justen Cimino with Newmark Knight Frank (“NKF”) represented the Landlord, while Sam Hollis and Clinton McKellar with Cushman & Wakefield represented WeWork.
The announcement follows Halcyon’s recently executed office leases with RSM, a middle-market audit tax and consulting firm with international reach, and CMAC Inc., a supply chain consulting and systems integration firm based in Alpharetta. RSM will lease approximately 5,300 square feet of open, collaborative space on the second floor of the 1200 Building. CMAC will also be located on the second floor of the 1200 Building, occupying a 6,200-square-foot space that will include huddle rooms and large break areas.
“From walking meetings on the Greenway to lunch breaks at hip, local restaurants or happy hours at the Market Hall, Halcyon is intentionally designed with everything today’s workforce wants to feel at home and thrive from morning until night,” said Miller, executive managing director for NKF. “As a Forsyth County resident, I am especially proud to be part of such a major project in my own backyard and look forward to welcoming employees of these esteemed companies as new neighbors.”
NKF manages office leasing at Halcyon. To learn more about floor plans and available office space, view www.visithalcyon.com/leasing.
About Halcyon
Halcyon, Forsyth County, Georgia’s newest mixed-use village, is a fascinating alternative to the conventional development. The $370-million, 135-acre community weaves together nature, design and leisure into one place, with more than 50 acres of greenspace and access to the Big Creek Greenway. RocaPoint Partners and New York-based The Georgetown Company are developing the site. Retail landlord representation is provided by JLL and office representation is provided by Newmark Knight Frank. Experience the excitement of the village by visiting www.visithalcyon.com , Facebook, Instagram and Twitter.
About Newmark Knight Frank
Newmark Knight Frank, operated by Newmark Group, Inc.(NASDAQ: NMRK), is one of the world's leading and most trusted commercial real estate advisory firms, offering a complete suite of services and products for both owners and occupiers. Together with London-based partner Knight Frank and independently-owned offices, NKF's 16,000 professionals operate from approximately 430 offices on six continents. NKF’s investor/owner services and products include investment sales, agency leasing, property management, valuation and advisory, diligence, underwriting, government-sponsored enterprise lending, loan servicing, debt and structured finance and loan sales. Occupier services and products include tenant representation, real estate management technology systems, workplace and occupancy strategy, global corporate services consulting, project management, lease administration and facilities management. For further information, visit www.ngkf.com.
