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August 26, 2013

Lord, Aeck & Sargent Takes 30,000 Square Feet on Top Two Floors of Colony Square’s 100 Tower in Midtown Atlanta

Move represents space increase of nearly a third

ATLANTA, Aug. 26, 2013 – Architecture firm Lord, Aeck & Sargent (LAS) has inked a long-term lease for the top two floors of the 100 Colony Square tower in the heart of Midtown Atlanta. Representing LAS in the deal were Dale Lewis and Stuart Alston of commercial real estate services provider Cassidy Turley. Chris Ahrenkiel represented the landlord, Tishman Speyer.

LAS’ Atlanta office, currently located in the 400 Colony Square tower for more than 22 years (1991), comprises 19,226 square feet. The firm announced in April a merger with urban design and planning firm Urban Collage, whose downtown Atlanta office comprises 3,600 square feet. The new lease, which is for 30,000 square feet on the 23rd and 24th floors of the mixed-use complex’s taller 100 tower, represents an increase in total combined space of nearly a third. The move to the new space is expected to take place in the second quarter of 2014.

“We’re looking forward to our move with great anticipation,” said Joe Greco, LAS president. “First, it allows our Atlanta-based urban design and planning practice area folks to co-locate with our architects and interior designers, allowing for greater synergies with our multifamily housing and mixed-use, higher education, science and technology, and historic preservation practice areas. And second, the move will give us additional space to accommodate our plans for future growth in an extremely collaborative environment.”

LAS also has offices in Ann Arbor, Mich.; Austin, Texas; Chapel Hill, N.C.; and Lexington, Ky. There are currently over 100 employees in Atlanta.

“We’ve worked with Lord Aeck & Sargent for the past decade, so it’s exciting to grow with this visionary architecture firm as it enters its next phase,” said Dale Lewis, managing director of Cassidy Turley. “After we examined Atlanta’s office market over the past three years, we ultimately remained committed to Colony Square and Midtown, continuing a true partnership between LAS and Colony Square. It’s the ideal location for LAS and its revolutionary workplace.”

“We really like the walkable qualities of the Midtown area and wanted to stay here if we could find the right space,” Greco said. “Many of our employees live in or near the Midtown area, so this location is important to them. And just as important, our urban design and planning practice area has been a partner with Midtown Alliance for many years, first assisting the Alliance in preparing the Blueprint Midtown Design Standards and currently assisting them as the program planner for the Midtown Public Improvements Program. The Program is aimed at enhancing the public environment through new open spaces, plazas and streetscapes. Midtown represents the environment where we want to stay, and we expect that it will only get better as the Midtown Public Improvements Program is implemented.”

The Colony Square complex provides 700,000 square feet of office space along with residential condominiums, an upscale hotel and a retail mall. The complex is located at the epicenter of Midtown and anchors Atlanta’s Midtown Mile. Overlooking Peachtree Street, Colony Square is within walking distance of the Midtown MARTA station (Metropolitan Atlanta Rapid Transit Authority) and Atlanta's Woodruff Arts Center, on which LAS collaborated with Renzo Piano Building Workshop for its 2000-2005.expansion and renovations. The complex is also a short drive to the intersection of two major Interstate highways.

About Lord, Aeck & Sargent
Lord, Aeck & Sargent is an award-winning architecture and planning firm serving clients in academic, historic preservation, scientific, arts and cultural, and multi-family housing and mixed-use markets. The firm’s core values are responsive design, technological expertise and exceptional service. The firm is listed as 28th in Architect, the Magazine of the American Institute of Architects’ annual “Architect 50” ranking of U.S. architecture firms. The ranking is based on business, sustainability and design excellence/pro bono. In 2007, Lord, Aeck & Sargent was one of the first architecture firms to adopt The 2030 Challenge, an initiative whose ultimate goal is the design of carbon-neutral buildings, or buildings that use no fossil-fuel greenhouse gas-emitting energy to operate, by the year 2030. Lord, Aeck & Sargent has offices in Ann Arbor, Michigan; Atlanta, Georgia; Austin, Texas; Chapel Hill, North Carolina and Lexington, Kentucky. For more information, visit the firm at www.lordaecksargent.com.

About Cassidy Turley
Cassidy Turley is a leading commercial real estate services provider with more than 3,800 professionals in more than 60 offices nationwide. With headquarters in Washington, DC, the company represents a wide range of clients—from small businesses to Fortune 500 companies, from local non-profits to major institutions. The firm completed transactions valued at $22 billion in 2012, manages approximately 400 million square feet on behalf of institutional, corporate and private clients and supports more than 23,000 domestic corporate services locations. Cassidy Turley serves owners, investors and tenants with a full spectrum of integrated commercial real estate services—including capital markets, tenant representation, corporate services, project leasing, property management, project and development services, and research and consulting. Cassidy Turley enhances its global service delivery outside North America through a partnership with GVA, giving clients access to commercial real estate professionals in 65 international markets. Please visit www.cassidyturley.com for more information about Cassidy Turley.

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