ATLANTA (March 22, 2017) – Transwestern just greatly expanded its Atlanta profile. The Texas real estate services firm – and some time developer/investor – did it with the erection of a sign.
The sign stands along Atlanta’s most-famous street (Peachtree), atop north Fulton’s new main street (Ga. 400) and outside one of Buckhead’s largest office complexes (Atlanta Financial Center). Early this year, Sumitomo Corp. of America tapped Transwestern to lease the 915,000-square-foot AFC in a coup for the firm. Transwestern Atlanta finally announced its big win – and erected the leasing sign – this month.
Here’s what Sumitomo and Transwestern said earlier this year about Sumitomo’s decision to hire Transwestern to market AFC in Atlanta and Miami Tower in Miami’s CBD.
AFC is a three-building, 914,774-square-foot office complex at 3353 Peachtree Road, NE. This asset is the largest property in terms of square footage that Sumitomo has purchased to date. Transwestern will oversee impending renovations at AFC, which currently stands at 85 percent occupied, to create a more energy efficient property and raise its profile to the top of the market.
“We have a long-standing, trusted and successful relationship with Sumitomo and worked to provide a vision and strategy for these assets that would exceed their expectations,” said Bruce Ford, Transwestern’s Southeast president. “Our leasing and property management teams will work in strategic concert with Sumitomo to ensure we achieve every objective for these assets and capitalize on market dynamics to achieve these assets’ incredible potential.”