foot lease to move HQ to landmark Atlanta tower

Building & Land Technology, the landlord of the King and Queen buildings and the surrounding Concourse mixed-use campus, said it has signed more than 361,000 square feet of renewal and expansion leases during the past year at the iconic towers.

Zachary Hansen
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foot lease to move HQ to landmark Atlanta tower
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Building andamp; Land Technology, the landlord of the King and Queen buildings and the surrounding Concourse mixed-use campus, said it has signed more than 361,000 square feet of renewal and expansion leases during the past year at the iconic towers. Other transactions at the buildings include leases with NICE Systems, IMA Financial Group, Snellings Walters and Atlanticus.

Identified by their glassy structures and crown-shaped rooftop features, the King and Queen combine for nearly 1.4 million square feet of office space in metro Atlanta’s largest corporate submarket. At the end of March, nearly 36% of all office square footage in Central Perimeter was available for rent, according to real estate services firm CBRE.

The Newell lease brings the Queen building’s occupancy to 92%, according to Cushman andamp; Wakefield, which brokered the property’s recent lease transactions. The King building’s occupancy was not disclosed, but it is less than its sister tower with active listings for its two penthouse floors and an 140,000-square-foot contiguous block of available space.

July 14, 2024

Story attribution: Zachary Hansen
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