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.
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:
Allison+Partners for Colliers