Shorenstein Lands Trio of New Tenants at Bank of America Plaza
The 55-story tower, the tallest in the Southeast, recently underwent a $10 million renovation to the building’s West Wing that delivered an array of premier amenities.
ATLANTA, GA—Shorenstein Properties has signed three new tenants at Bank of America Plaza, the newly reenergized class A office tower in Midtown Atlanta. The 55-story tower, the tallest in the Southeast, recently underwent a $10 million renovation to the building’s West Wing that delivered an array of premier amenities, including state-of-the-art workspaces and a dynamic food hall featuring chef-driven concepts and healthy options.
Headlining the list of new tenants at Bank of America Plaza is Revel Systems, a San Francisco-based tech firm that transforms the way business is done across the globe by integrating all operations and customer channels, driven by the point of sale, into a single dashboard. Revel signed a 25,547-square-foot full-floor lease on the building’s 38th floor and will move into upgraded, loft-style offices that are part of the tower’s expanding spec suite program. Outsized demand for the spec suites, which include open floor plans, creative lounge space and tech-enabled amenities, has spurred Shorenstein to accelerate development for the next block of spec suite space, which totals nearly 15,000 square feet and is expected to come online this fall.
Also as part of the spec suite program, Shorenstein unveiled lease signings with Groundfloor (7,746 square feet), the first and only real estate lending marketplace open to non-accredited investors, and Florence Healthcare (4,106 square feet), a fast-growing company focused on improving clinical trial data flow to advance cures through software.
“Our thriving spec suite program has established Bank of America Plaza as a market leader in high-tech loft space that will attract the most sophisticated tenants from Atlanta and beyond,” says Christopher Caltabiano, senior vice president of asset management at Shorenstein Properties. Caltabiano says demand for the next-generation workspaces also coincides with a roster of new dining, retail and entertainment destinations near Bank of America Plaza.
The crown jewel of Atlanta’s skyline and one of the tallest buildings in the US, Bank of America Plaza is also home to leading tenants such as Anthem, Display Data, Featurespace and Riskalyze.
“Shorenstein’s forward-thinking approach has fueled the impressive transformation of Bank of America Plaza into a premier tech hub,” says Greg Dukat, CEO of Revel Systems. “The ability to access high-tech, move-in ready space in the heart of Atlanta was a key factor in our decision to open a new regional office here. Mass transit, great restaurants and other top attractions are within an easy walk of the building and will provide Revel Systems a considerable advantage in recruiting top talent from across the area. We look forward to calling the building home for many years.”
As part of the recent West Wing renovation, Shorenstein debuted Marketplace 600, a 17,000-square-foot food hall that includes a “Chef’s Table” which showcases the skills of celebrity chefs who frequently visit the building. Marketplace 600 features a variety of food stations, including a salad bar, hot meal bar, grill station and dessert bar, and also offers cooking classes and digital order and pick-up through the Thrive mobile app.
The upgraded West Wing also features a new 4,000-square-foot conference and event center, along with a new Bank of America branch. Other on-site amenities include the 17,000-square-foot RPM Health Club & Spa that offers personal training, group classes and massages, and a full-service Starbucks in the main lobby.
Bank of America Plaza is directly adjacent to the North Avenue MARTA rail station, and offers immediate north and south access to Interstates 75 and 85. Mercedes-Benz Stadium, World of Coca-Cola, Ponce City Market and the Georgia Institute of Technology are all within close proximity to the building. More than 63 restaurants are also located within five blocks of Bank of America Plaza, including Publik Draft House, Edgar’s Proof & Provision, Baraonda Ristorante & Bar and Livingston.
The owners were represented by Jeff Keppen and Nicole Goldsmith of CBRE. The tenants were represented by Christian Devlin of CBRE.