A global logistics company is expanding its office in Bank of America Plaza as it brings some
of its West Coast workforce to Atlanta. After putting nearly 50,000 square feet of its prime office space on the market during the pandemic last summer, San Francisco-based Flexport added about 25,000 square feet in its
new lease. Three years ago, Flexport began investing $100 million to grow its presence in the
city and now the company plans to continue expanding. Flexport expects to move into the offices in the fourth quarter of 2021. The expansion includes the addition of West Coast employees to the Atlanta office.
“We’re still finalizing how Flexport will work as a result of the pandemic, but one thing is
certain – Flexport is committed to maintaining a strong office presence in Atlanta,” said Bill
Hansen, Flexport’s global head of real estate. The city is a growing hub for logistics, drawing from strengths including physical transportation infrastructure, industry giants like UPS and a robust supply chain technology ecosystem.
Flexport's expansion is part of 42,000 square feet of new occupancy Bank of America Plaza owner Shorenstein Properties has leased to various companies. The other new tenants are Witherite Law Group, which leased about 11,000 square feet, and Cognizant, which will move all of its Atlanta employees to the BOA Plaza location where it has added nearly 6,000 square feet. With many employees working from home over the past year, the future of office real estate has been uncertain. Shorenstein Vice President Jack Corey said these new agreements reflect a “healthy demand” for class A office space in Atlanta. Jeff Keppen and Nicole Goldsmith of CBRE represented Shorenstein in all three transactions. R.J. Zurak (CBRE) represented Flexport. Allisson Bittel and Heather Lamb (Colliers) represented Witherite. Kevin Caroll (CBRE) represented Cognizant.

 

Grace Donnelly

Reporter

Atlanta Business Chronicle