CBRE To Lease New Atlanta Office Development
BySimon Property Group has retained CBRE as the exclusive leasing agent for a planned Class A office tower to be built as part of Phipps Plaza’s redevelopment in Atlanta’s Buckhead submarket. The 12-story building is slated for completion by 2020.
Simon plans to transform the luxury mall into a mixed-use development that will encompass approximately 300,000 square feet of Class A office space, a three-story lower level parking garage, a flagship Nobu restaurant, a five-star hotel by Nobu Hospitality and a 90,000-square-foot Life Time athletic facility.
“The Phipps Plaza redevelopment comes at a time when not many large blocks of office space are available in Buckhead,” said Patrick Peterman, vice president of development and asset intensification at Simon, in prepared remarks…
