Principal Real Estate Partners Appointed to Lease 55 Marietta Data Center in Atlanta

Published on Monday, 21 July 2014 18:47 — ATLANTA, GEORGIA —

Principal Real Estate Partners has been named as the exclusive leasing agent for 55 Marietta Street Data Center tower.  The multi-tenant data center facility and Carrier Hotel accounts for 389,000 square feet in the heart of Atlanta’s downtown business district. Principal Real Estate Partners’ Michael Shaw and Trevor Schneider will be leasing the project.

Atlanta is the major interconnection point from Florida to New York and the choice location for corporate data centers with 20% of Fortune 100 Companies having a data center presence. The power cost and taxes are among the lowest in the country.

“55 Marietta Street has long been recognized as one of the two pre-eminent carrier hotels in the Southeast,” said Michael Shaw, Partner at Principal Real Estate Partners.

The building is home to sixteen carriers along with a Meet Me Room (MMR) with direct access to 56 Marietta.

Recent investments in the expansion of the infrastructure (power, cooling and meet-me-room) and a very knowledgeable team allow for easy expansion for Powered Shell tenants.

About Principal Real Estate Partners

Principal Real Estate Partners, LLC is an Atlanta leader in commercial real estate advisory services. We are dedicated to taking a consultative lead to solve your real estate challenges.

For further information, please contact Michael Shaw at michael@principalrep.com or 678-929-7260.  Visit our website: principalrep.com