Business & Tech

Global Consulting Firm Signs Terminus 200 Lease

Cousins Properties' Buckhead high-rise now 84 percent leased

Global consulting firm North Highland has signed a lease for 69,922 square feet at Terminus 200 in Buckhead, Cousins Properties Inc. announced.

With the deal, the Cousins office tower is 84 percent leased, according to an announcement from the company. 

North Highland, an expanding consulting firm currently headquartered at 550 Pharr Road in Buckhead, is scheduled to relocate by November 2011.

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"In just over a year, Terminus 200 went from 10 percent leased to close to 90 percent leased," said Cousins President and CEO Larry Gellerstedt in the announcement. "Terminus 200 continues to benefit from office tenants seeking to trade-up to quality properties with proven management and trusted ownership during an uncertain economic climate. The addition of North Highland as another top class tenant at Terminus 200 will strengthen the property's position as one of Buckhead's premiere office towers for years to come."

North Highland affiliates Sparks Grove Inc., a marketing strategy agency, and TrueBridge Resources, a staffing firm, will also move into the space. They join a number of companies who have recently signed leases at Terminus 200, including Kids II Inc., Greenberg Traurig LLP, Sony Ericsson and Fitzgerald+CO.

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North Highland CEO Dan Reardon said about the deal, “North Highland’s strong double digit growth in the global consulting arena has created the need for more space for our global headquarters. We are continuing to hire a significant number of experienced consultants, and the Terminus building provides us with the needed facilities to help support the ongoing growth of our company.” 

Brad Armstrong and Chris Wagner of Jones Lang LaSalle represented North Highland in the deal.

Located at the intersection of Peachtree and Piedmont roads in the Buckhead office submarket, Terminus 200 is a Gold-level LEED Certified, 25-story, 564,000-square-foot tower of Class A office, retail and restaurant space. The property is owned by Cousins in partnership with Morgan Stanley.

 

 

 

 


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