#USA #Atlanta #Real Estate #Circle 75 #SK Commercial

SK Commercial Realty's Thriving Lease Activity

In a remarkable display of market demand, SK Commercial Realty (SKCR) announced the completion of three significant lease agreements at Circle 75 Office Park in Atlanta. These transactions alone accounted for over 65,000 square feet of leased space, highlighting the firm’s reputation for delivering exceptional real estate services.

The leases were made in the bustling month of November, with SKCR facilitating agreements for VentureX, Simplicity Financial, and Phoenix Health Care, bringing in nearly $14 million in value.

The Location and Amenities

Circle 75 Office Park is strategically situated next to Truist Park and The Battery Atlanta, making it an attractive destination for businesses. This complex features highly sought-after Class A office towers, notably the 900 Building, the 1100 Building, and an impressive build-to-suit opportunity at 1200 Circle 75.

The park offers abundant on-site amenities that cater to modern businesses, including a full-service café, fitness center, conference rooms, and collaborative spaces. The walkability to shopping and dining options at The Battery enhances its appeal, particularly for teams seeking an integrated work-life experience.

Details of Recent Transactions

• - VentureX, a coworking space provider, leased 17,664 square feet occupying the fourth floor of the 1100 Building. This space aims to accommodate both startups and established corporations looking for dynamic and flexible office arrangements.
• - Simplicity Financial, a firm specializing in comprehensive wealth planning, secured 22,356 square feet on the fifteenth floor of the 900 Building to better serve its growing clientele.
• - Meanwhile, Phoenix Health Care has committed to 10,450 square feet on the fourteenth floor of the same building, leveraging its new space to enhance its healthcare management services.

All transactions were facilitated by Tom Parker and Tom Kirbo of SK Commercial Realty, who successfully represented the park. Other brokerages, such as Colliers International and CBRE, also played crucial roles in the negotiations.

Strategic Growth and Future Opportunities

Following these lease agreements, the occupancy rates for the 900 Building and the 1100 Building are now approximately 91% and 93%, respectively. This trajectory illustrates a growing interest in the area, bolstered by the seamless service provided by SKCR.

In the words of Tom Kirbo, the President of SKCR: "We are thrilled with the progress at Circle 75. With exciting new developments like the full-building opportunity at 1200 Circle 75 available, there are many compelling reasons for businesses to consider moving to this location."

The upcoming The Henry mixed-use development, featuring two towers that will house luxury condos, hotel accommodations, and retail spaces, promises to further elevate the area's attractiveness. This project aims to seamlessly integrate living, working, and leisure, a vision that aligns perfectly with modern business needs.

SK Commercial Realty also emphasizes the importance of their in-house project management team, since both VentureX and Phoenix Health Care have enlisted SK Project Consulting for their renovation projects. This alignment of goals ensures that high-quality standards are maintained throughout the renovations, which total nearly $2 million.

With 250,000 square feet available at the 1200 Circle 75, the team is open to custom builds, allowing tenants to tailor their office space to fit their business ethos and operational requirements.

SKCR has a growing footprint across multiple states, managing nearly 5.3 million square feet of office and healthcare space across Georgia, Florida, Texas, and South Carolina. The firm continues to prioritize leveraging its market insights and comprehensive services to secure high-value results for all clients involved within the vibrant Circle 75 Office Park.

For inquiries or further details, interested parties can visit www.skcr.com or contact Claire Blevins, Marketing Director at SK Commercial Realty.