Primerica, Inc., a leading distributor of financial products to middle-income families in North America, has signed a long-term lease agreement with Duke Realty which will develop a 344,476-square foot, built-to-suit office facility for the company in Gwinnett County, Georgia. Cushman and Wakefield represented Primerica in the transaction, while Brown and Craig Flanagan, Vice President, Office Leasing, represented Duke Realty. Cushman & Wakefield will provide project management services for Primerica’s tenant construction.
The new Class A office building will be located in Legacy, a Duke Realty development park just off I-85 in Duluth. Primerica’s new headquarters will be comprised of two buildings, each of which will be three stories high. These buildings will be connected by a central structure that will house Primerica’s TV studio and corporate assembly area. "After 25 years in our existing location, the current economic environment provides an opportune time for us to move into a significantly improved facility with only a modest change in our underlying economics," said Primerica Chairman Co-Chief Executive Officer Rick Williams in a CoStar article.
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