Companies are searching for office space in amenity-rich areas that can "cultivate collaboration areas and spontaneous interactions," said CBRE Senior Associate Parker Welton, who helped facilitate the leasing efforts at Avalon on behalf of PGIM Real Estate. It’s why areas like West Midtown and along the Atlanta BeltLine trail continue to draw corporate relocations. But the desire to work in a vibrant environment expands outside the Perimeter.
Over the past 12 months, Avalon leased up nearly 37,000 square feet of office space in its Buildings 5000 and 6000. In addition to OnSolve, new tenants include financial consultants and the new development firm headed by the creator of Avalon.