Press Releases

Energy Efficient, Move-In Ready Office Environment

May 14, 2024


ATLANTA – Transwestern Real Estate Services (TRS) announces it has been named the exclusive leasing agent for 55 Allen Plaza, a Class A, 348,658-square-foot office tower at 55 Ivan Allen Blvd NW in downtown Atlanta. Transwestern’s Greg Frankum, Matt Spickard and Ansley Chenault will provide Agency Leasing services for the 14-story building on behalf of the owner, an affiliate of Lone Star Funds (“Lone Star”).

“55 Allen Plaza is an elite workplace environment with sustainability features, exceptional modern amenities, and unmatched accessibility,” said Frankum. “We look forward to reintroducing the building to the market and accelerating leasing velocity.”

Designed by global architect Pickard Chilton and home to EY’s regional headquarters, 55 Allen Plaza boasts LEED Platinum certification, BOMA 360 certification, Energy Star certification, and the WELL Health-Safety Rating. Property amenities include a 5,000-square-foot fitness facility, a state-of-the-art conference center with a catering kitchen, and The Green Room, a multi-use setting offering a variety of lounge and collaboration spaces.

55 Allen Plaza’s spec suites offer move-in-ready leasing opportunities up to 4,300 square feet with panoramic views and high-end finishes. The property is one of the most accessible in the downtown market, with walkability to MARTA and direct access to major city thoroughfares and Interstates 75 and 85. Nearby dining, retail, and entertainment include the Georgia Aquarium, World of Coca-Cola, The Ritz-Carlton, AmericasMart, and Centennial Olympic Park.

“As Atlanta continues to benefit from steady population growth, a diverse job market and a well-educated workforce, 55 Allen Plaza is positioned to meet today’s demand for Class A office space,” said Bob Ricci, Senior Managing Director, Head of Americas Real Estate,  at Lone Star.

Images of the property are available for download here.

About Lone Star
Lone Star is a leading private equity firm advising funds that invest globally in corporate equity, credit, real estate and other financial assets. Since the establishment of its first fund in 1995, Lone Star has organized 23 private equity funds with aggregate capital commitments totaling approximately $87 billion. The firm organizes its funds in three series: the Opportunity Fund series; the Commercial Real Estate Fund series; and the U.S. Residential Mortgage Fund series. Lone Star invests on behalf of its limited partners, which include institutional investors such as pension funds and sovereign wealth funds, as well as foundations and endowments that support medical research, higher education, and other philanthropic causes. For more information regarding Lone Star Funds, go to www.lonestarfunds.com.

About Transwestern Real Estate Services
Part of the Transwestern companies, Transwestern Real Estate Services (TRS) strives to add value for investors, owners, and occupiers across all commercial property types. Fueled by a holistic perspective of the real estate life cycle, agility and creativity are hallmarks of our approach, while vast national resources and sound market intelligence underpin customized recommendations and property solutions.

Four dynamic, integrated companies make up the Transwestern enterprise, giving us the perspective to think broadly, deeply and creatively about commercial real estate. Clients and investors rely on us for expertise that spans institutional and opportunistic investment, development, hospitality, and brokerage and asset services. Our award-winning, collaborative culture empowers team members with resources and independence to work across boundaries in pursuit of innovative solutions, reinforcing a reputation for service excellence that translates to measurable results. Through offices nationwide and alliance partners around the globe, we positively impact the built environment and our communities while fostering a work climate that champions career vitality for all. Learn more at transwestern.com and @Transwestern.

Media Contact:
Jaime Luckey
678.521.3474
jaime@luckeycomms.com
twmediarelations@transwestern.com

Greg Frankum

Executive Managing Director, Agency Leasing

Atlanta, Georgia

(404) 842-6565

Matt Spickard

Senior Managing Director, Agency Leasing

Atlanta, Georgia

(404) 842-6566

Ansley Chenault

Associate

Atlanta, Georgia

(404) 266-4952