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Invesco to Expand Global HQ in Atlanta, Anchor Midtown Office Tower
Global investment company Invesco announced plans to move its headquarters to the future Midtown Union development in Midtown, Atlanta. Invesco will anchor the 26-story, 606,000-square-foot office tower, which will be located at the intersection of 17th and Peachtree streets.
The office tower is the first phase in the Cooper Carry-designed multi-phase project, which is being developed by MetLife Investment Management and Granite Properties. The project will also include a sibling tower that is expected to house 350 residents and a 250-room hotel, as well as 100,000 square feet of retail. JLL represented MetLife Investment Management and Granite Properties in the transaction. Invesco was advised by CBRE.
Invesco, which has been headquartered in Atlanta since 2007, plans to add 500 jobs and invest $70 million as part of the project. The office component of the development is expected to be completed in 2022.
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