Lincoln Property Company Southeast (Lincoln) has negotiated two new deals with U.S. General Services Administration and Esquire Deposition Solutions at 1500 Centre Parkway, a 97,696-square-foot office complex in East Point, Georgia, just southwest of downtown Atlanta. Lincoln’s Hunter Henritze, Michael Howell and Caroline Fisher represented the landlord, a partnership among SG Property Services and Hight Knox Properties, LLC.
U.S. General Services Administration signed on to occupy 29,737 square feet at the building in a direct deal. Represented by Boris Garbuz and Addison Meriwether with Cushman & Wakefield, Esquire Deposition Solutions signed on to occupy 17,373 square feet. The two deals were executed in the fourth quarter of last year. The top floor of the building remains available for lease, totaling 50,326 square feet of contiguous space. “We remain optimistic toward the year ahead and look forward to pursuing additional prospective tenants for the complex,” said Hardman Knox, principal of Hight Knox Properties.
“In addition to the area’s tax incentives and the re-constructed I-285 Interchange, 1500 Centre Parkway will provide U.S. General Services and Esquire Deposition Solutions with unbeatable access to surrounding transportation routes and amenities, and we are confident these two top-tier tenants will thrive,” said SG Property’s S. Paul Shailendra.
Located within the Fulton County Less Developed Census Tract (LDCT), 1500 Centre Parkway positions tenants to take full advantage of various tax credits, including a $3,500 tax credit per eligible job created, which can be applied against 100% of any corporate income tax liability.
Originally built in 2008, 1500 Centre Parkway was renovated in 2018 to include an updated lobby and on-site amenities. The building offers flexible floor plates, allowing a single tenant to occupy the entire building or only a portion of the building. Sitting on 8.21 acres of land, 1500 Centre Parkway is located within a surrounding 320-acre, heavily landscaped park. Main façade and monument signage are available.
Additional area amenities include egress and ingress to I-285, I-85, I-75 and I-20, with close proximity to Hartsfield-Jackson Atlanta International Airport. The building also offers immediate access to Camp Creek Marketplace, which features 1.1 million square feet of Class-A retail, restaurants and hotel accommodations. Within a five-minute drive or less, tenants also have access to numerous, high-quality single- and multi-family residential developments.
About Lincoln Property Company
Dallas-based Lincoln Property Company is one of the nation’s largest diversified commercial real estate companies, with over 8,550 employees and an international footprint that includes offices in 450 cities across the United States and two offices in Europe. Since its inception in 1965, Lincoln has developed over 239 million square feet of office, industrial, and retail projects as well as 216,000 apartment units. Stemming from its development and ownership background, Lincoln's operating platform seamlessly integrates its various service lines, provides for consistent and measurable performance and utilizes cutting-edge technology over its 400+ million square feet of leased and managed assets. For more information on the Southeast Region of Lincoln Property Company, please visit lpcsoutheast.com.
About SG Property Services
SGPS has a track record for sourcing quality real estate opportunities in the medical and professional office sector in the broader Metro Atlanta market as well as select markets in the Southeastern United States. SGPS is well-versed in the needs of healthcare practices. From the Certificate of Need (CON) process to HIPAA requirements, SGPS has worked in conjunction with healthcare systems and practice groups to deliver high-quality spaces that maintain functional integrity in a schedule conscious fashion. Principals of SGPS have decades of experience in the medical and professional office sector, and have built a strong knowledge, contact and experience base.
About Hight Knox Properties
Hight Knox Properties, LLC is a privately funded real estate investment group that acquires, improves, and develops industrial and office projects. Hight Knox has a track record for sourcing quality real estate opportunities in the industrial and office sectors in the broader Metro Atlanta market as well as select markets in the Southeastern United States. With a focus on basis, Hight Knox places a premium on acquiring properties below replacement cost and driving value through management, leasing capabilities and capital improvements.
