Alpharetta based architectural firm Hug & Associates had been in the same 30,000-square-foot office building they designed since its delivery in 1999. Over time, the architects became interested in relocating to an exciting “new urban” mixed-use environment where they could walk out of their office and step into shops and restaurants – all the while remaining in the Alpharetta business district.
Ted Schwartz, who had negotiated Hug & Associates’ lease renewal a few years earlier, was up to the challenge. When he came across a rare lease opportunity in Avalon, Alpharetta’s newest landmark mixed-use development, he remembered his client’s strong desire to relocate to a mix-used project and contacted them immediately.
A little persistence, a trailer visit and six weeks later, Ted represented Hug & Associates in signing a long-term lease to relocate its office this coming December. And, as fate would have it, their lease will expire just as Avalon (and their swanky new office space, which they were able to custom design) will deliver.
Deal Highlights:
- Prime Alpharetta business district location
- 2689 square feet; 10-year term
- Elevator lobby space
- Generous build-out allowance
- Tenant retains design control