ATLANTA, GA—Israeli tech company Networx Systems is leasing 20,838 square feet on a single floor at Buckhead Tower, located in the heart of Atlanta's Buckhead submarket, for its North American headquarters.
The company provides a web-based platform dedicated to supporting homeowners in their search for top-rated, trusted contractors, matching more than 800,000 homeowners to contractors each year.
“As a high growth company, we needed a space that would accommodate our current employees and allow us to double in size by 2020,” says Steve Storch, CEO of Networx Systems. “It was important to us to be in a like-minded business environment and to find a space that we could build out to suit our innovative, growth oriented culture.”
April Parrish, Kirk Diamond, Erin Smith and Stephen Bellwood of Cushman & Wakefield secured the lease on behalf of the tenant, and Adam Viente and Jeff Frantz of Jones Lang LaSalle represented the landlord, Parmenter Realty Partners.
Networx will relocate from Roswell to Buckhead Tower this summer. The company currently includes 110 employees, and expects to grow to 200 employees by 2020, adding roles in product ownership, marketing, and US/UX design, as well as internships.
The 348,152-square-foot Buckhead Tower, 3399 Peachtree Road at the corner of Lenox Road and East Paces Ferry, is adjacent to the Buckhead MARTA station. The 19-story class A office building includes notable tenants such as State Bank, Gables Residential, Applied Systems and Crowe Howarth.
Want to continue reading?
Become a Free ALM Digital Reader.
Once you are an ALM Digital Member, you’ll receive:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
*May exclude premium content© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
Steve Lubetkin
Steve Lubetkin is the New Jersey and Philadelphia editor for GlobeSt.com. He is currently filling in covering Chicago and Midwest markets until a new permanent editor is named. He previously filled in covering Atlanta. Steve’s journalism background includes print and broadcast reporting for NJ news organizations. His audio and video work for GlobeSt.com has been honored by the Garden State Journalists Association, and he has also been recognized for video by the New Jersey Chapter of the Society of Professional Journalists. He has produced audio podcasts on CRE topics for the NAR Commercial Division and the CCIM Institute. Steve has also served (from August 2017 to March 2018) as national broadcast news correspondent for CEOReport.com, a news website focused on practical advice for senior executives in small- and medium-sized companies. Steve also reports on-camera and covers conferences for NJSpotlight.com, a public policy news coverage website focused on New Jersey government and industry; and for clients of StateBroadcastNews.com, a division of The Lubetkin Media Companies LLC. Steve has been the computer columnist for the Jewish Community Voice of Southern New Jersey, since 1996. Steve is co-author, with Toronto-based podcasting pioneer Donna Papacosta, of the book, The Business of Podcasting: How to Take Your Podcasting Passion from the Personal to the Professional. You can email Steve at [email protected].
