FACTORY-FRESH OFFICE SPACE FOR MODERN COMPANIES. Transwestern

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Lucy Cooper
8 years ago
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1 FACTORY-FRESH OFFICE SPACE FOR MODERN COMPANIES Transwestern

2 Modern office space for fresh ideas: Welcome to Atlanta Stove Works. In 1889, Stove Works brought a revolutionary idea about cooking to Atlanta. A century later, the stove-making factory is closed, but the building and spirit of innovation remain. Atlanta Stove Works is now the premiere destination for some of the most forwardthinking companies in Atlanta. 2 Atlanta Stoveworks

3 LOFTY MEETING SPACES ABOUND Transwestern

4 Location Details DESTINATION FEATURES Creative, collaborative workspace environment Free and ample covered parking On-site amenities include Krog Bar & Rathbun s Krog Street Market, featuring restaurants and retail (krogstreetmarket.com) A classic historical Atlanta structure that commands attention The epicenter of large development initiatives in the surrounding area BELTLINE TRAIL PREMIERE LOCATION Easy access to Downtown and Midtown areas, I-75/85, and Hartsfield- Jackson International Airport ON the Atlanta BeltLine ( Inman Park-Reynoldstown MARTA station within walking distance (0.8 mile / 15 minute walk) Located in Inman Park, on the edge of Old Fourth Ward. Convenient to Little Five Points, Cabbagetown, Candler Park, Lake Claire, Edgewood, Kirkwood, and Poncey Highland, and Virginia Highland 4 Atlanta Stoveworks

5 Neighborhood Essentials THE ATLANTA BELTLINE The Atlanta BeltLine is transforming the city with a combination of rail, trail, greenspace, housing and art. It offers not only modern conveyances and exciting new development, but it is a living, breathing part of our community; not simply a means of getting somewhere, but a destination unto itself. It offers a chance for Atlanta to redefine what it is to be a neighbor and to share all that it has to offer. The Atlanta BeltLine will provide a network of public parks, multi-use trails and eventually transit along a historic 22-mile railroad corridor encircling Downtown and connecting many neighborhoods to each other. Bike rentals are available at nearby Atlanta BeltLine Bicycle. RESTAURANTS & RETAIL Mix business with pleasure. Nearby restaurants and retail include: Krog Street Market: Craft Izakaya, Luminary, Cockentrice, Yalla, GC BBQ, Jeni s, Spotted Trotter, Fred s Meat & Bread, Gu s Dumplings, Little Tart, Xocolatl, Pannus Bakery, French Market Flowers, Mama Bath & Body, Pet Works, The Collective & more Krog Bar, Rathbun s & Steak Savi Provisions Sweet Auburn Curb Market Ponce City Market Jake s Ice Cream Serpas Highland Bakery Across the Street Fruttela Thumbs Up Diner Parish Barcelona Sotto Sotto Fritti Inman Perk Coffee Pure Taqueria BoccaLupo Miso Izakaya Transwestern 5

6 Accommodating a Modern Workforce RAPIDLY CHANGING WORKFORCE DEMOGRAPHICS Today By % 5% 38% 50% 7% 1% 22% Mature/WWII Generation Baby Boomers Generation X Generation Y/Millennials 32% 20% Generation Z/The Net Generation Sources: Today - Catalyst. Catalyst Quick Take: Generations in the Workplace in the United States & Canada. New York: Catalyst, By Hogan Assessments. The Generational Workforce of the Future. Tulsa, OK: Hogan Assessments, July ADAPT TO ATTRACT TOP TALENT The nature of work has changed immensely over the years, now more teamoriented than ever. Nearly 70% of work is produced through collaboration. In response, companies have increased shared space from 25% to 50%. Cubicles, which were never space-efficient, are practically obsolete. At Atlanta Stove Works, you can customize your space into collaboration rooms and reap considerable real estate savings in the process. Younger employees who grew up in the digital generation expect companies to keep up with the changing nature of business. Millennials will account for 50% of the American workforce by Rethinking your office space now is a critical way you can attract and retain top talent. With flexible office space solutions, Atlanta Stove Works meets the needs of the changing workforce. 6 Atlanta Stoveworks

7 An Experienced Management Team Paces Properties, Inc., is an experienced real estate firm and a veteran of the Metro Atlanta market. An evolving partnership that was originally founded in 1972, Paces specializes in the development and management of multifamily communities and specialty retail shopping centers. The mission of our company, which has served us through the real estate cycles of the last 30 years, is a commitment to excellence in developing distinctive environments to live, work, and shop. Active involvement by the partners and officers in every aspect of development, equity capital, and the commitment to our current and future residents and tenants provides Paces with a competitive edge. We are poised for continued success as we proceed with our active development initiatives. Transwestern is a privately held real estate firm specializing in agency leasing, property and facilities management, tenant advisory, capital markets, research and sustainability. The fully integrated global enterprise leverages competencies in office, industrial, retail, multifamily and healthcare properties to add value for investors, owners and occupiers of real estate. As a member of the Transwestern family of companies, the firm capitalizes on market insights and operational expertise of independent affiliates specializing in development, real estate investment management and research. Transwestern has 34 U.S. offices and assists clients through more than 181 offices in 40 countries as part of a strategic alliance with Paris-based BNP Paribas Real Estate. LEASING INFORMATION Max Mandelis White max.white@transwestern.nett Jeff Taylor jeff.taylor@transwestern.net Transwestern 7

8 112 Krog Street SE, Atlanta, Georgia Atlanta Stoveworks

State of Atlanta Office Market September 24, 2015

State of Atlanta Office Market September 24, 2015 I. Economic Drivers for Office Market Atlanta Why? Metro Atlanta has the lowest relative cost of doing business among the nation s 10 largest metro areas