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CommonGrounds Claims First Atlanta Space

CommonGrounds Workplace signed a 13-year lease for 49,506 square feet at Franklin Street Properties Corp.’s 999 Peachtree Street Northeast in Atlanta. The deal includes two full floors of the 28-story building, which is located in the Midtown Atlanta submarket.

The lease with the enterprise-grade Workplace-as-a-Service (WaaS) company represents its second collaboration with Franklin Street Properties. CommonGrounds signed a lease for 27,478 square feet at 801 Marquette Avenue South in Minneapolis in late 2018.

This is the first CommonGrounds Workplace lease to be signed in 2019 as part of the company’s $100 million Series A funding expansion program. A Salt Lake City location opened in March 2019, joining four other U.S. locations currently open. The Atlanta Peachtree CommonGrounds Workplace is scheduled to open in Q1 2020.

Savills’ Andrew Lechter, Jim Suber and Matthew Barnes represented the tenant. Madison Marquette’s Charles “Chip” Roach, Jr., and Stephen B. Clifton advised the owner.

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About Dennis Kaiser

Dennis Kaiser is Vice President of Content and Public Relations for Connect Commercial Real Estate. Dennis is a communications leader with more than 30 years of experience including as a journalist and in corporate and agency marketing communications roles. He is responsible for Connect’s client content operations and is involved in a range of initiatives ranging from content strategy, message development, copywriting, media relations, social media and content marketing services. In his most recent corporate communications roles, he led a regional public relations effort across Southern California for CBRE, played a key marketing role on JLL’s national retail team, and was responsible for directing the global public relations effort at ValleyCrest, the nation’s largest commercial landscape services company. In addition to his vast commercial real estate experience, Dennis has worked on communications and launch strategies for a number of residential projects such as Disney’s Celebration in Florida, Ritter Ranch in Palmdale California (7,200 homes, 22,000 acres), WaterColor in Florida and PremierGarage in Phoenix. Dennis’s agency background included firms such as Idea Hall and Macy + Associates. He has earned an outstanding reputation with organization leaders as a trusted advisor, strategic program implementer, consensus builder and exceptional collaborator. Dennis has developed and managed national communications programs for Fortune 500 companies to start-ups, both public and private. He’s successfully worked with journalists across the globe representing clients involved in major-breaking news stories, product launches, media tours, and company news announcements. Dennis has been involved in a host of charitable and community organizations including the American Cancer Society, Easter Seals, BoyScouts, Chrysalis Foundation, Freedom For Life, HOLA, L.A.’s BEST, Reach Out and Read, Super Bowl Host Committee, and Thunderbirds Charities.

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