ATLANTA—Sumitomo Corporation of Americas is tapping Transwestern to provide leasing services for two class A office assets totaling more than 1.5 million square feet. Sumitomo recently acquired the office assets for a combined $442.5 million.
AFC is a three-building, 914,774-square-foot office complex at 3353 Peachtree Road, Northeast. The office asset is largest property in terms of square footage that Sumitomo has ever purchased.
Transwestern will oversee impending renovations at AFC. The office property currently stands at 85% occupied. The firm aims to create a more energy efficient property and raise its profile to the top of the office market that is seeing more tech sector interest rising.
“Sumitomo expertly acquires assets that define the cities where they are located and enhances their value through keen operating principals,” says Bruce Ford, Transwestern's Southeast president. “We will continue this strategy by focusing on people, process, and place and creating a community within each asset to retain and attract the leading businesses to these assets.”
Transwestern managing director Glenn H. Gregory will lead the leasing team for Miami Tower, a 47-story, 619,093-square-foot core office tower in Miami's Central Business District. Located at 100 Southeast 2nd Street, the building features direct highway access and a transit-friendly location, making it a top destination for corporate tenants. Transwestern currently provides management services for the property, led by senior vice president Andrea Lopez.
Further South, Sumitomo acquired Miami Tower for $220 million last June.
ATLANTA—Sumitomo Corporation of Americas is tapping Transwestern to provide leasing services for two class A office assets totaling more than 1.5 million square feet. Sumitomo recently acquired the office assets for a combined $442.5 million.
AFC is a three-building, 914,774-square-foot office complex at 3353 Peachtree Road, Northeast. The office asset is largest property in terms of square footage that Sumitomo has ever purchased.
Transwestern will oversee impending renovations at AFC. The office property currently stands at 85% occupied. The firm aims to create a more energy efficient property and raise its profile to the top of the office market that is seeing more tech sector interest rising.
“Sumitomo expertly acquires assets that define the cities where they are located and enhances their value through keen operating principals,” says Bruce Ford, Transwestern's Southeast president. “We will continue this strategy by focusing on people, process, and place and creating a community within each asset to retain and attract the leading businesses to these assets.”
Transwestern managing director Glenn H. Gregory will lead the leasing team for Miami Tower, a 47-story, 619,093-square-foot core office tower in Miami's Central Business District. Located at 100 Southeast 2nd Street, the building features direct highway access and a transit-friendly location, making it a top destination for corporate tenants. Transwestern currently provides management services for the property, led by senior vice president Andrea Lopez.
Further South, Sumitomo acquired Miami Tower for $220 million last June.
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