JLL today announced that technology company Square, Inc. is expanding its presence by 26,000 square feet at BB&T Tower, a Class-A office building located at Atlantic Station in Midtown Atlanta. JLL Managing Director Travis James and Vice President Brooke Gothard facilitated the transaction on behalf of Square, Inc., while Laura Power and John Zintak with Cushman & Wakefield represented the landlord, Lionstone Investments.
Square creates tools for businesses and individuals to participate in the economy. Through this expansion, the company will almost double its presence at BB&T Tower, bringing the total occupied space to 55,000 square feet. The expansion reflects Square’s interest in Midtown’s booming tech landscape, and in addition to the expansion, Square, Inc. has extended its lease agreement.
“Midtown is a hub for innovation and is the ideal location for a growing tech company looking to access top talent and solidify its footprint in the Southeast,” said Gothard. “Square was looking for a space to accommodate its growth and offer its employees modern amenities and connectivity to the rest of the city. Our team is proud to have played a role in bringing more tech opportunities to Atlanta and we’re pleased to support Square as it grows in the market.”
BB&T Tower is a 25-story, 541,870-square-foot trophy office tower, home to major companies such as BB&T, Sage Software and Womble Carlyle. In addition to amenities such as branch banking, concierge and state-of-the-art conference facilities, BB&T Tower’s tenants are within walking distance of Atlantic Station’s mix of restaurants, retailers and entertainment options.
“We are proud to have Square as a leading tech tenant at 271 17th Street,” said Power, a Director in Cushman & Wakefield’s Atlanta office. “Our building has quickly become a magnet for attracting high tech tenants with our platinum connectivity and first-class amenities.”
According to JLL’s The ATL Factor report, Atlanta’s diversity of opportunities, robust talent network and low cost of doing business continues to provide a favorable landscape for companies’ growth and expansion. In addition, software development job postings represent nearly 5% (higher than the national average) of all job opportunities in metro Atlanta, which serves as a nod to the city’s booming tech industry.
About JLL
JLL (NYSE: JLL) is a leading professional services firm that specializes in real estate and investment management. Our vision is to reimagine the world of real estate, creating rewarding opportunities and amazing spaces where people can achieve their ambitions. In doing so, we will build a better tomorrow for our clients, our people and our communities.JLL is a Fortune 500 company with annual revenue of $16.3 billion, operations in over 80 countries and a global workforce of more than 93,000 as of September 30, 2019. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit jll.com.
AboutCushman & Wakefield
Cushman & Wakefield (NYSE: CWK) is a leading global real estate services firm that delivers exceptional value for real estate occupiers and owners.Cushman & Wakefield is among the largest real estate services firms with approximately 51,000 employees in 400 offices and 70 countries. In 2018, the firm had revenue of $8.2 billion across core services of property, facilities and project management, leasing, capital markets, valuation and other services. To learn more, visit www.cushmanwakefield.com
