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JLL’s Paul Hanna brokers Perimeter-area lease for leading North American IT consultant
ATLANTA, Dec. 3, 2012 — Jones Lang LaSalle represented St. Louis-based information technology consulting firm Perficient, Inc. in an 18,000-square-foot, 68-month lease at 1040 Crown Pointe Parkway (Crown Pointe) near Perimeter Mall. After purchasing Atlanta-based Northridge Systems Inc. in July, Perficient hired JLL to help consolidate the two locations and negotiate its lease.
“After acquiring Northridge Systems, it was important to create synergies for the new Atlanta team of Perficient while maintaining a lease solution that benefited our bottom line and ultimate market strategy,” said Paul Martin, Perficient chief financial officer. “Jones Lang LaSalle searched throughout the northern Atlanta market for a location convenient for all of our local employees to help develop those synergies, and successfully brokered a lease that will benefit us moving forward.”
Northridge Systems was housed at Roswell Summit on Holcomb Bridge Road prior to the buyout, while Perficient previously leased 1,900 square feet at Crown Pointe. After scouting the GA 400 corridor market, Perficient opted to expand at Crown Pointe, occupying all but 3,000 square feet of the second floor.
JLL Vice President Paul Hanna, CCIM, working with JLL Senior Vice President Gannon Shepherd, negotiated the terms of the lease on behalf of Perficient. As part of the negotiations, the landlord agreed to absorb the smaller lease as part of the new, larger lease signed by the tenant.
“Due to GA 400 corridor’s strong amenity base and proximity to clients and employees, Perficient was committed to finding something in this area,” said Hanna. “Even though this market is beginning to tighten up a bit, we are able to negotiate very attractive lease terms on their behalf with several landlords and are excited to land this custom designed floor for them at Crown Pointe.”
Crown Pointe is a 10-story, 226,407-square-foot, Class A office building in northern DeKalb County. Prior to Perficient’s new lease, the building was 82.5 percent occupied.
Jones Lang LaSalle (NYSE: JLL) is a financial and professional services firm specializing in real estate. The firm offers integrated services delivered by expert teams worldwide to clients seeking increased value by owning, occupying or investing in real estate. With 2011 global revenue of $3.6 billion, Jones Lang LaSalle serves clients in 70 countries from more than 1,000 locations worldwide, including 200 corporate offices. The firm is an industry leader in property and corporate facility management services, with a portfolio of approximately 2.1 billion square feet worldwide. LaSalle Investment Management, the company’s investment management business, is one of the world’s largest and most diverse in real estate with $47 billion of assets under management. For further information, please visitwww.joneslanglasalle.com
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