CBRE Chosen To Lease Deerfield Corporate Center

MILTON, GA -- CBRE Inc. has been awarded an exclusive assignment to lease Deerfield Corporate Center at 13010 Morris Road in Milton.

The building is owned by a partnership between Banyan Street Capital and funds managed by Oaktree Capital Management. Jeff Keppen and Elliott Grand were selected to handle the leasing of the two-building, 269,600-square-foot Class-A office park.

“Elliott and I are excited to work with Banyan Street Capital, one of the largest owners of office space in Atlanta,” said Jeff Keppen, CBRE senior vice president. “Deerfield Corporate Center has the advantage of being in a prime corridor, and when combined with recent investment in upgrades, ownership has an unmatched advantage with this property.”

With no new construction completions in 2016, Atlanta has experienced a decrease in the amount of office space available, CRBE states. Subsequently, leasing activity continues to remain robust, per CBRE Research. In this space-constrained market, the Deerfield Corporate Center has two full floors of space and several smaller spaces currently available with plans to build out two new creative suites. The park’s design allows for above-market parking and ownership recently completed a major courtyard renovation.

“We’re thrilled to team up with CBRE on another Atlanta area collaboration to lease up the remaining space at Deerfield Corporate Centre,” said Zac Gruber, managing director at Banyan Street Capital. “This team has the right combination of hyper local market knowledge and resources available and has assembled a team to effectively communicate all the property’s attributes to a crowded marketplace in North Fulton.”

Keppen and Grand of CBRE’s Advisory & Transaction Services, Investment group in Atlanta are responsible for the marketing of several business parks throughout the metropolitan region. Their reputation for rebranding buildings and successfully transforming nearly vacant properties into sought-after modern office spaces has proven to be very valuable to clients.

Images via CBRE