Atlanta, GA (April 2016) —
Principal Real Estate Partners, LLC today announced that it represented Westplan Investors Group, LP, an international real estate Owner & Investor, in a 10-year lease renewal of 1,800 square feet of data center space at 55 Marietta St.
The lease renewal was facilitated by Michael Shaw & Trevor Schneider, Tenant Advisory and Technology Advisory practice groups. In recent years, Michael & Trevor also have assisted Westplan Investors with transactions at 55 Marietta St totaling 74,000 square feet.
“We are very pleased to recommit to a location where our firm has been able to grow over the past several decades,” said David Lewis of EarthLink.
“With Pete’s help, we conducted a careful review of the market and determined that 55 Marietta offered the most attractive economics, ample parking for our employees at competitive rates and other concessions we were able to secure.”
The building’s Tenant, EarthLink, was represented by Pete Sheldon of Colliers.
About Principal Real Estate Partners
Principal Real Estate Partners, LLC commercial real estate advisory services firms in the U.S. It brings together the strategic consultative approach to creating value for clients and leading position in the Atlanta market that are hallmarks of Principal Real Estate Partners; the complementary strengths of leasing and technology advisory, investment sales, valuation and capital markets services.
Principal Real Estate Partners provides a full complement of real estate advisory services that includes tenant representation, technology advisory, acquisition and disposition, development, and leasing. We solve your real estate needs, saving you time and money, allowing focus on the core competencies of our Client’s business or organization.