Thursday, February 10, 2011

PWC Takes 140,000 SF in Atlanta

PricewaterhouseCoopers (PwC US) has announced that it will be moving its Atlanta office to a new midtown location at 1075 Peachtree, assuming 140,000 square feet of space at the 18-story building. PwC signed a 16 year lease deal for the office space at the mixed use development of 12th & Midtown and expects to move in mid-2012 according to an Atlanta Journal-Constitution article. The company currently occupies roughly 112,000 square feet at the Millennium in Midtown located on the northeastern corner of 10th and West Peachtree Streets, less than five minutes from its new location. The full terms and costs of the lease were not disclosed, but it was noted that PwC will be represented with marquis signage at the top of the 1075 building. Other major tenants include The Boston Consulting Group Inc. and Seyfarth Shaw LLP.

"Our business and culture are based on building relationships, delivering value and winning in the global marketplace. 1075 Peachtree supports those elements locally for both our clients and our people," said PwC Market Managing Partner Gary Price. "The new building's impressive amenities and features, stunning architecture and prime Midtown location were too compelling to pass up," Price added.

"PwC embodies the international leader we envisioned occupying the space in 1075 Peachtree," said Doug Guedry, vice president of office leasing for Daniel Corp. "The firm's reputation for outstanding performance and exceptional innovation is in line with our mission to bring value to Midtown, and we look forward to collaborating with PwC as they build out a world-class office environment."

For more news and information visit Blumberg Capital Partners.

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