2 Sun Signs Another New Lease at Prominent Peachtree Corners Office Building

Lincoln Property Company (Lincoln) and Redline Property Partners announced today they have executed a new 23,000-square-foot lease at 2 Sun, a premier Class-A office building in Peachtree Corners, Georgia. Lincoln’s Senior Vice President Michael Howell, Vice President Matt Fergus and Senior Leasing Associate Seabie Hickson represented the landlord, Redline Property Partners.

NAC International, a world-leading provider of nuclear fuel cycle technology and consulting solutions, signed the lease at 2 Sun. Cory Hall and Bo Keatley of Savills represented the tenant.

2 Sun is a 98,040-square-foot office building sitting in the heart of Technology Park Atlanta, a master-planned community off of Peachtree Parkway in Peachtree Corners. The property recently underwent significant renovations and now boasts market-leading amenities including an outdoor tenant patio, campus-wide Wi-Fi and food delivery service for tenants.

“Peachtree Corners is one of the premier business atmospheres in Metro Atlanta, and 2 Sun offers a range of first-rate amenities both on and near the property,” said Lincoln’s Fergus. “The recent capital improvements allow 2 Sun to capture growing demand in the submarket as office users prioritize highly-amenitized buildings that address the fast-changing needs of today’s workforce.”

The building is just steps away from a diverse offering of top-flight amenities including The Forum, an open-air lifestyle center with a number of retail and dining options. 2 Sun is also less than a mile from a number of other upscale shopping centers, hotels, restaurants, fitness gyms and entertainment destinations. The property offers three points of entrance for visitors, providing convenient access and smooth flow of traffic throughout the site.

Northeast Atlanta has continued to outperform other submarkets over the past couple of years, boasting the lowest vacancy rate among major Metro Atlanta areas at just 15.9% across all property classes. The office submarket also saw positive absorption of 5,117 square feet in Q3 of this year, marking the fifth quarter in the past six with positive absorption according to a report from Lincoln.

About Lincoln Property Company

Dallas-based Lincoln Property Company is one of the nation’s largest diversified commercial real estate companies, with over 8,550 employees and an international footprint that includes offices in 450 cities across the United States and two offices in Europe. Since its inception in 1965, Lincoln has developed over 239 million square feet of office, industrial, and retail projects as well as 216,000 apartment units. Stemming from its development and ownership background, Lincoln’s operating platform seamlessly integrates its various service lines, provides for consistent and measurable performance and utilizes cutting-edge technology over its 400+ million square feet of leased and managed assets.