ATLANTA- Porsche Cars North America will build its new US headquarters at Jacoby Development’s Aerotropolis Atlanta. The 175,000-square-foot build-to suit transaction is valued at about $100 million.

Cushman & Wakefield’s Ken Ashley, Sam Hollis, Betty McIntosh, Margo McConnell, and Sarah Momberg represented Porsche in its real estate site search and related negotiations. Porsche Cars North America president and CEO Detlev von Platen announced the deal Thursday morning at a press conference.

“Over the course of a year, Porsche evaluated more than 70 options in multiple states for its new headquarters,” says Ashley, a senior director based in Cushman & Wakefield’s Atlanta offices. “From the beginning, Porsche brought a unique vision of what it desired in a headquarters location. It required a home that would embody its iconic brand and stand the test of time as the company continues its success in the coming decades. Ultimately, Aerotropolis Atlanta was the location with the flexibility to accommodate this vision.”