May 30, 2013
PM REALTY GROUP SECURES LEASING ASSIGNMENT AT PARKWAY 400, BUILDINGS ONE AND TWO
ATLANTA, GA - PM Realty Group (PMRG), a nationally recognized, full-service commercial real estate firm, today announced that it has secured the leasing assignment for Parkway 400, Buildings One and Two, located at 11720 and 11800 Amberpark Drive. The upscale office park is located in Atlanta's exclusive Alpharetta neighborhood, home to the area's most upscale residential developments. PMRG's Chip Roach and Stephen Clifton will be leasing Parkway 400, Buildings One and Two.
"Parkway 400's location is extremely appealing to tenants looking for a pedestrian-friendly experience in the heart of one of Atlanta's most beautiful neighborhoods," said Bill Weghorst, PMRG's EVP and Managing Director of its Southeast Division. "The office building is just a stone's throw away from what will be best-in-class retail, restaurants, housing and entertainment facilities, while offering in-house amenities such as a fitness center and a beautiful park-like campus."
Parkway 400 is comprised of two office buildings totaling 193,281 square feet. Individual office spaces range from 1,600 to 45,819 square feet. Both the two-story Parkway 400 Building One and the six-story Parkway 400 Building Two were constructed to the highest standards in terms of systems and finishes, and face a common landscaped courtyard featuring a central green space and walking paths.
The property is situated on the southwest quadrant of Old Milton Highway (SR-120) at Georgia 400, and provides convenient access to Westside Parkway. The buildings are located directly across the street from the Avalon development, a $600 million mixed-use, walkable community located on 86 acres and scheduled to open in the third quarter of 2014. Avalon has already secured leases with exclusive retailers such as C. Wonder, Tommy Bahama, Anthropologie, Cru Wine Bar, Mitchell Gold Bob Williams, Banana Republic, Arhaus and more.
Other nearby amenities include the Alpharetta City Center, a public/private mixed-use redevelopment in historic downtown offering retail, dining and entertainment facilities, Northpoint Mall, and the VW Amphitheatre at Encore Park, which serves as the summer home of the Atlanta Symphony Orchestra.
PMRG merged operations with Madison Marquette in June 2018 to create a new leader in commercial real estate. The firm offers PMRG’s leasing, property management, investment management and development services, combined with Madison Marquette’s specialized development, investment and marketing expertise. Madison Marquette’s strength in retail and mixed-use assets joins PMRG’s office, medical, industrial and multi-family capabilities to provide national leadership across asset classes. PMRG’s dominance in the southern US combines with Madison Marquette’s presence in primary gateway markets on both coasts to serve the top institutional owners and investors in the industry. The company provides leasing and management services to a diverse portfolio of 330 assets in 24 states and manages an investment portfolio valued at over $6 billion. The combined company is headquartered in Washington, DC with a major presence in Houston, TX. With 600 professionals in 12 regional markets, the merged firm is a member of the Capital Guidance group of companies.