Atlanta & Southeast News In Your Inbox
Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.
Transwestern Real Estate Services Locates New Home for Atlanta Cultural Groups
Transwestern Real Estate Services has secured a new, 11,550-square-foot home for the Alliance Française Atlanta and the Goethe-Zentrum Atlanta at Peachtree Center, a 2.3 million-square-foot mixed-use development in the heart of downtown Atlanta. Transwestern Executive managing director Clark Dean and VP Thomas Savage arranged the 10-year lease on behalf of the nonprofit organizations.
“After considering multiple options in the Midtown and Downtown submarkets, Peachtree Center was selected due to its amenity base, branding opportunities, access to current and future student population, and potential for collaboration with ownership on events that will drive brand awareness and additional revenue for the organizations,” said Savage.
The space will be co-branded as the Franco-German Cultural Center of Atlanta and strategically located on Peachtree Center’s plaza level. The owner of Peachtree Center’s six buildings, Banyan Street Capital, recently completed a $30 million transformation of the 60-year-old property.
