May 31, 2017 Comments Off on Hines, Invesco JV Plans 700k-SF of Development in Atlanta Views: 487 Georgia, National News, Southeast

Hines, Invesco JV Plans 700k-SF of Development in Atlanta

Houston-based Hines and Atlanta-based Invesco Real Estate formed a joint venture on behalf of one of Invesco’s institutional clients to develop two progressive office projects in Atlanta totaling 700,000 square feet. T3 West Midtown will be a 200,000-square-foot heavy timber office development, and Atlantic Yards will consist of 500,000 square feet of progressive office space in two buildings.

Both projects are located on sites fronting 17th Street within Atlantic Station, a 138-acre mixed-use master development with retail, multifamily, hotel and office. Highly differentiated products will be developed for the West Midtown market, which is in high demand by tenants seeking authentic, approachable, collaborative office space in a warehouse style without the challenges of adaptive reuse.

Hines’ John Heagy says, “Midtown’s progressive office customers are anxious for fresh differentiated product that provides unique architecture with a balance of amenities and services connecting them to the 24-hour attributes of Atlanta’s urban core.”

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For comments, questions or concerns, please contact Dennis Kaiser

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