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Silicon Valley Investment Firm Increases Footprint by More Than 15,000 Square Feet in Cobb County

Accel KKR increases footprint in Cobb County Galleria 300

Accel-KKR to Expand Current East Coast Operations to Galleria 300 in August 2023

Atlanta, GA – January, 2023 – Leading diversified professional services and investment management company Colliers recently brokered a 23,888-square-foot office lease on behalf of Silicon Valley technology private equity firm Accel-KKR at Galleria 300 in Atlanta, Georgia. In a move to expand its current East Coast operations, Accel-KKR will further solidify its commitment to Atlanta once its office relocation is completed in August 2023. 

“Atlanta is a strategically located hub with access to all markets on the East Coast,” said Rob Palumbo, co-managing partner of Accel-KKR. “This long-term lease will allow us to accommodate our long-term growth objectives and attract future talent.”

Topping the 2021 HEC - DowJones Private Equity Performance Ranking, Accel-KKR is regarded as a premier technology-focused global private equity firm. . Since 2014, the firm has had a presence on the East Coast from an 8,500-square-foot office space in The Medici building in Buckhead, Georgia. Accel-KKR’s expanded footprint at Galleria 300’s Class-A tower will enable the firm to more than triple its current East Coast headcount over time.

Located along major arterials in Atlanta, Galleria 300 will provide employees with a central and easily accessible workplace, and will offer employees and guests elevated amenities and nearby attractions. A short walk away is The Battery, one of Atlanta’s top-ranked entertainment hubs where employees and guests can dine, shop, and enjoy live entertainment at Truist Park and the Coca-Cola Roxy. 

Accel-KKR’s sole tenancy on the 19th floor of the 20-story Galleria 300 will also provide the firm with extra security and privacy. 

“Cobb County is a value-add market that will continue to rise in popularity, as new or modified developments continue to attract residents and create new business opportunies for the region,” said Andrew Walker, a senior vice president and principal at Colliers and current board member of Cobb County’s economic development team. “With the office expansion of Accel-KKR’s East Coast operations, Cobb County will be put on the map as a top destination for technology companies and decision-makers nationwide.”

Walker represented Accel-KKR during negotiations with Piedmont Office Realty Trust, owner and operator of Galleria 300’s recently renovated 432,934 square-foot property. Other notable tenants include Cumberland Group, The Shopping Center Group, Childress Klein and PowerPlan.

About Colliers
Colliers (NASDAQ, TSX: CIGI) is a leading diversified professional services and investment management company. With operations in 63 countries, our 18,000 enterprising professionals work collaboratively to provide expert real estate and investment advice to clients. For more than 27 years, our experienced leadership with significant inside ownership has delivered compound annual investment returns of approximately 20% for shareholders. With annual revenues of $4.6 billion and $92 billion of assets under management, Colliers maximizes the potential of property and real assets to accelerate the success of our clients, our investors, and our people. Learn more at corporate.colliers.com, Twitter @Colliers or LinkedIn.

For further information, please contact:

Alison Day
Allison+Partners for Colliers 
Alison.day@allisonpr.com

 

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Andrew Walker

Senior Vice President, Principal

Atlanta

As Senior Vice President with the Office Services Group, Andrew provides strategic real estate consulting services to corporate clients headquartered in Metro Atlanta. He believes that a personal connection is paramount to the client relationship. Andrew understands that every aspect of the office, from location and size to access and connectivity, affects his clients, their employees, and their goals. Andrew works to understand his clients’ needs, both for the short-term necessities and the long-term goals, so that their real estate transactions align to accelerate their clients’ success. Andrew offers not only a personal, hands-on approach to his clients’ real estate needs, but also significant expertise of the market conditions and trends. Andrew is a Cobb County native with over 16 years of experience. He is involved with the Cobb Chamber of Commerce and Leadership Cobb and has a deep understanding of and personal connection to Northwest Atlanta. Andrew has successfully completed over 300 transactions in the past five years. His current clients include Resurgens Orthopaedics, Elf on the Shelf, and The Coca-Cola Company.

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