Lincoln Property Company Southeast (Lincoln) has negotiated new deals at Cobb Corporate Center in the Cumberland/Galleria submarket and Northwoods Commons in Peachtree Corners, Georgia. Lincoln’s Matt Fergus and Matt Davis represented the owner, TerraCap Management.
“Since acquiring Northwoods Commons and Cobb Corporate Center just over six months ago, TerraCap has been dedicated to implementing various property-wide improvements at both developments,” said Lincoln’s Fergus. “With the ongoing improvements and hands-on ownership, Northwoods Commons and Cobb Corporate Center have become highly attractive office complexes for prospective tenants looking to relocate to suburban settings.”
Brijjitco, an Atlanta-based medical device manufacturing firm, signed a new lease for 5,500 square feet at Cobb Corporate Center. The deal represents one of two new leases successfully executed since Terracap assumed ownership of the building in July of last year, bringing the building to 92% occupied. Cory Hall with Savills represented the tenant in the deal.
Cobb Corporate Center is a five-building, 200,090-square-foot office park in Marietta, Ga. The business park features recently completed renovations, as well as more tenant amenities and improvements underway. Move-in ready, state-of-the-art spec suites and white box spaces with 12-foot ceilings are currently available for lease. Cobb Corporate Center also boasts immediate access to I-75 and surrounding submarkets, making it easily accessible for a number of commuters.
Global 7 Diagnostics, a high-complexity CLIA certified laboratory, signed a new lease for 7,000 square feet at Northwoods Commons in a direct deal. Located on Peachtree Industrial Boulevard, Northwoods Commons features 100,720 square feet of office space surrounded by an attractive, heavily landscaped environment. Two recently completed Class-A spec suites are now available. Additional spaces range in size from 3,029 square feet to 27,000 square feet of space. In addition to a number of on-site offerings, Northwoods Commons offers close proximity to several surrounding restaurants, banks, hotels and golf courses.
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.
