ATLANTA, June 6, 2013 (GLOBE NEWSWIRE) -- CBRE Global Investors announced today the addition of professional technology and creative suites at Atlantic Station in Midtown Atlanta. CBRE Global Investors is turning the fourth floor of the 201 17th Street office building into suites designed to meet the needs of high-tech, creative companies that are growing quickly.
"Midtown Atlanta is a mecca for the creative class, and the perfect place for tech companies to establish themselves and thrive," said Jeff Keppen, senior vice president at CBRE. "This design is truly different from anything in the marketplace, and essentially means a fast-growing company can have 3,000 square feet one day and 5,000 square feet the next day — with no headaches."
The innovative design includes moveable partitions (so companies can add square footage without construction costs, building permits or disruption), and raised floors that store electrical wires and allow companies to quickly reconfigure workspaces. The 21,681-square-foot space is currently under construction.
The look of the space — lofty ceilings, brick accents, reclaimed wood, panoramic views of Atlanta — offers the hip, creative vibe that entrepreneurial companies want. That aesthetic is combined with first-in-class amenities and ample parking. Plus, the 201 building is LEED Gold certified.
"The creative design of this space combined with the amenity base Atlantic Station offers makes attracting and retaining employees easy," said Keppen. "Tech companies will have the convenience of a Midtown location, a hip office space and the flexibility to grow."
Two of the five available spaces have been pre-leased, demonstrating demand in the marketplace. "Atlanta, especially Midtown, is increasingly a magnet for fast-growth tech firms," said Keppen. "For firms that have graduated from the incubator, we are offering office space for the next stage of growth."
About CBRE Global Investors
CBRE Global Investors is a global real estate investment management firm with $90.7 billion in assets under management* as of March 31, 2013. The firm sponsors investment programs across the risk/return spectrum for investors worldwide.
CBRE Global Investors is an independently operated affiliate of CBRE Group, Inc. (NYSE:CBG). It harnesses the research, investment sourcing and other resources of the world's premier, full-service commercial real estate services and investment company for the benefit of its investors. CBRE Group, Inc. has approximately 37,000 employees in more than 300 offices (excluding affiliates) worldwide. For more information about CBRE Global Investors, please visit www.cbreglobalinvestors.com.
* Assets under management (AUM) refers to fair market value of real estate-related assets with respect to which CBRE Global Investors provides, on a global basis, oversight, investment management services and other advice, and which generally consist of properties and real estate-related loans; securities portfolios; and investments in operating companies, joint ventures and in private real estate funds under its fund of funds program. This AUM is intended principally to reflect the extent of CBRE Global Investors' presence in the global real estate market, and its calculation of AUM may differ from the calculations of other asset managers.
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Source:CBRE Global Investors