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T-Mobile Renews 152K SF Deal in Atlanta
Wakefield, MA-based Franklin Street Properties Corp. signed a 151,792-square-foot lease renewal with T-Mobile South LLC at One Ravinia Drive in Atlanta. The deal at the 17-story, 387,000-square-foot tower extends the tenancy through August 2025. T-Mobile has been a tenant at the property since 2007.
Franklin Street Properties’ George J. Carter says, “Leasing activity picked up significantly within our property portfolio during the quarter, and we are currently seeing that momentum continuing in the third quarter of 2018.”
The REIT reports during the three months ended June 30, 2018, it leased approximately 659,000 square feet, of which roughly 141,000 square feet was with new tenants.
A Hines Atlanta-based leasing team represented the tenant and landlord.
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