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Coco-Cola Enterprises Grows Buckhead Presence

ATLANTA-The bottling firm is subleasing 17,000 sf at Northcreek Office Park from United Acceptance for two years at an undisclosed rent. United Acceptance had been subleasing the space from Alexander Howden North America. Buckhead/Lenox submarket class A asking average rents are $28.62 per sf.

By Alex Finkelstein | Updated on July 13, 2001

ATLANTA-It’s getting to be an incestuous sublease situation in metro Atlanta these days. Companies are subleasing space from companies who are subleasing the same space from other companies who are subleasing the space from still another lessor.

Take the Coca-Cola Enterprises scenario, for example. The bottling firm is subleasing 17,000 sf from United Acceptance for two years at Northcreek Office Park near the OK Cafe in the tony Buckhead/Lenox district of Downtown.

United Acceptance had been subleasing the same space from Alexander Howden North America. Now United Acceptance is moving to 2400 Lake Park where it will be subleasing 10,000 sf from United Healthcare.

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