Banyan Street Capital announced the next piece of its capital improvement plans at Peachtree Center with the addition of spec suites and vertical improvements at Marquis Towers and Towers 233 and 229 at Peachtree Center. The real estate investment firm’s $$$ five-year plan moves forward with the delivery of 30,000 square feet of spec office space and the renovation of the elevator lobbies. The improvement plan includes the completed renovation of The Hub and the Plaza, Peachtree Center’s three-story retail center and outdoor courtyard. Marquis Towers also received a massive facelift with a new fitness center, bike room, revitalized lobbies and outdoor spaces, as well as a conference center complete with a training room, board room and breakout niches.
“Since the completion of The Hub and the Plaza, leasing activity around Peachtree Center and Marquis Towers has gained momentum with a range of tech-focused and professional service companies interested in leasing move-in ready space,” said Deming Fish, senior vice president at Colliers International. “Peachtree Center provides tenants with a unique opportunity to work within the city’s most iconic office development, combining the benefits of Downtown Atlanta’s hustle and energy, the convenience of Atlanta’s transit, and thoughtfully curated art installations seen throughout the property.”
The move-in ready spaces will be located in Marquis One and Tower 233 and Tower 229 at Peachtree Center and will feature open-office environments designed for optimal collaboration. Along with the spec suites, Banyan Street is bringing its focus on art-infused public spaces to Towers 229 and Tower 233’s elevator banks, which will feature murals that pull inspiration from Hopare’s “Symphony,” the southeast’s largest public art mural found on the building’s Peachtree Center Avenue façade.
“Peachtree Center and Marquis Towers have been centerpieces in Downtown Atlanta’s continuing success story as pinnacle office developments in the submarket,” said Rudy Touzet, CEO of Banyan Street Capital. “With the renovation of our public spaces complete, it’s time to bring that renewed energy upward through the office buildings to retain and attract the new wave of talent making Downtown Atlanta home.”
For more information on Peachtree Center, visit www.peachtreecenter.com. To learn more about leasing at Marquis Towers, visit marquistowersatl.com.
About Banyan Street Capital:
Banyan Street Capital is a premier owner and operator of office buildings in the eastern United States. As a full-service, vertically integrated real estate investment firm, Banyan Street Capital always seeks to add value and deliver high risk-adjusted returns to its investors. With its headquarters in Miami, Florida, and regional offices in New York, Atlanta, Boston and Jacksonville, Florida, as of March 31, 2019, Banyan Street Capital owned and managed a portfolio of over 13 million square feet, with an estimated value of over $3 billion. To learn more, visit www.banyanstreet.com.
About Colliers International
Colliers International (NASDAQ, TSX: CIGI) is a leading real estate professional services and investment management company. With operations in 68 countries, our more than 15,000 enterprising professionals work collaboratively to provide expert advice to maximize the value of property for real estate occupiers, owners and investors. For more than 25 years, our experienced leadership, owning approximately 40% of our equity, has delivered compound annual investment returns of almost 20% for shareholders. In 2019, corporate revenues were more than $3.0 billion ($3.5 billion including affiliates), with $33 billion of assets under management in our investment management segment. Learn more about how we accelerate success at corporate.colliers.com, Twitter @Colliers or LinkedIn.
