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May 28, 2020

Microsoft leases two new Atlanta buildings

Microsoft is leasing 523,000 square feet in two full buildings at Atlantic Yards in Atlanta. Its landlord, Hines, made the announcement earlier this week. Invesco Real Estate is also a partner in the project. T. Dallas Smith & Co. was Microsoft’s broker. Terms for the lease weren’t disclosed. Microsoft expects to occupy the buildings next summer, with about 1,500 employees. Hines’ John Heagy said in a statement, “Microsoft’s next generation of talent will be blocks away at Georgia Tech, and once they occupy Atlantic Yards, Microsoft will have unmatched access, retail and restaurant options and a working environment deliberately designed to foster creativity.” Hartshorne Plunkard Architecture designed Atlantic Yards, with Wakefield Beasley & Assoc. as architect of record. New South Construction recently topped out on the project, for which PCCP provided the construction loan.

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