Lincoln Scores Leasing Assignment for Atlanta Office Asset
Knox Properties and Redan Group are teaming up with The Loudermilk Cos. to renovate the city's former Aaron Building.
By Robert Demeter
Atlanta—Lincoln Property Company Southeast has been granted the leasing assignment for The Aaron Building, a 100,000-square-foot office property located in Atlanta’s Buckhead submarket.
Lincoln senior vice presidents Michael Howell and Hunter Henritze will oversee leasing for the 80,000-square-foot office portion of the building, while Brittany McCall, senior associate with Vantage Realty Partners, will oversee leasing for the ground-floor retail space.
Development partners Hardman Knox of Knox Properties and Cameron Golden of Redan Group, alongside The Loudermilk Cos., are currently executing renovations and also re-branding the building to The 309, according to data from Yardi Matrix.
The redeveloped 12-story office building will feature significant exterior and interior upgrades, including Class A office space with 8,000-square-foot floor plates, large windows, a red brick “mercantile” exterior, renovated restrooms and common areas, as well as a ground-floor restaurant and retail. Redevelopment work began in August and is slated for completion in July 2017.
“Given all the traditional Class A options along the Peachtree corridor of Buckhead, we believe this unique building will appeal to a wide variety of tenants looking for something different but still expecting the Class A quality, image and service they have been accustomed to,” said Howell in a prepared statement. “Tenants are looking for alternatives to traditional office space, but still want the perks that come with a Buckhead location in order to attract and retain the best talent. 309 East Paces Ferry is the first Buckhead project that we believe will appeal to both the millennial and baby boomer.”
The property is located at 309 E. Paces Ferry, offering a central, walkable location near high-rise apartments, restaurants and high-end retailers.
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