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Terminus 200 Deal Sparks Buckhead Leasing

ATLANTA-A Qualcomm subsidiary has signed for two floors of the new 25-story office tower.

By Carl Cronan | Updated on April 20, 2009

ATLANTA-The first lease signed at the Terminus 200 office tower in the city’s Buckhead submarket is providing a needed spark to a potentially tough market. Firethorn Holdings LLC has agreed to take 50,000 square feet in the new 25-storybuilding developed by locally based Cousins Properties Inc.

Firethorn, a mobile banking and payments subsidiary of San Diego-based Qualcomm Inc., will occupy the third and fourth floors of the 564,850-square-foot building at 3333 Piedmont Road. The company is moving from smaller space at 4 Concourse Parkway, a suburban office building.

“We think this is significant, and we also think there are more deals to come,” Larry Gellerstedt, Cousins president, told the Atlanta Business Chronicle in a report published over the weekend. “We’re thrilled to have Firethorn, and also thrilled that we got this deal done amid some challenges.”

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