Atlanta Office & Industrial Market Reviews: Q2 2020July 20, 2020
Atlanta Office & Industrial Market Reviews: Q3 2020October 21, 2020
ATLANTA, GA – October 6, 2020 – NAI Brannen Goddard, a leading provider of commercial real estate services, recently represented Oversight Systems, Inc., in the leasing of Pennant Park. The 13,196-square-foot property is located at 360 Interstate North Parkway in Atlanta, Cobb County, Georgia.
NAI Brannen Goddard Senior Vice President Mike Berens and Vice President Logan Haner assisted Oversight in signing a 10-year lease at Pennant Park. The office park has 151,131 square feet of rentable building area, and features amenities including a lounge and café, on-site gym, green space, and is within walking distance to The Battery at Truist Park.
Oversight will benefit from Pennant Park’s close proximity to Interstates 285 and 75, as well as being in the Cumberland/Galleria submarket. As a leading provider of AI-based financial solutions for large enterprises, accessibility and a tech-friendly space are critical elements to the company’s success. Brokers Berens and Haner were able to assist Oversight in finding an ideal locale for both clients and employees.
This transaction comes amidst reports detailing muted office sales volume and slowing price appreciation due to the coronavirus pandemic. However, as this deal demonstrates, economic reconciliation in Atlanta’s office market is still in a healthy position as one of the nation’s key markets.
Congratulations to Mike and Logan on this remarkable transaction!