Uptick is welcome news in Peachtree Corners - Atlanta Business Chronicle:

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Peachtree Corners is in Gwinnett County immediately adjacent to the Interstate 85North corridor, and roughly bisected by Peachtrere Industrial Boulevard/Georgia 141; its evolutio as an Atlanta-area office submarket began in the 1960xs with the development of Technologyg Park/Atlanta, metro Atlanta's first successful research and development center. Tech Park remains a centee of activity for this Five of the office buildings here hit the100 percent-leasedr mark by year-end 2006, "reflective of continued job growthy in the Peachtree Corners and Alpharetta/Ga.
400 said Vice President Bryan Some 120,000 square feet of leases were closexd in buildings at 107 and 155 Technolog y Parkway, 30 and 35 Technology Parkway South, and 270 Scientific Drive during 2006, he with companies including , , and "Peachtree Corners saw quite a bit of marketg momentum during fourth-quarter 2006, and could well be on its way to said Vice President Adam Viente. who is the leasinfg agent at the 535,000-square-foot Corners Office More than 90,000 square feet was leased here durintg the last three monthsof 2006, according to Viente.
Significant transactionse includeda 30,000-square-foot lease by globapl human resources services providet (represented by CEO Kevin and a 9,100-square-foot lease with the health-care consultingb unit of (represented by The Vice President Barbarqa Jeanneret). Arinso located here in ordere to be close to an international employee basein Chamblee, Mitchell said. "And the homes of the compant execs are all kind of strung out between Buckheaed and JohnsCreek -- so Peachtree Corners was a good compromise for he added. Recent leasing activity in Peachtrede Corners is primarily being driven by expansiohn of companies insideits boundaries, Viente said.
But the submarketr is also increasingly getting checked out by potentiall new users from other partws of themetro area. "We are gettinfg looks from users trying to find a more centralized location that can draw employeews from a broader geographic Viente said. Many of these potential tenants are from the JohnszCreek area, he reports, "and we have also had usersa from Central Perimeter come in and look, althougu that hasn't resulted in any deals There is some demand for Peachtree Corner office as investment vehicle. In a year-encd 2006 deal, Jackson, Miss.-based acquired the 159,000-square-foot Peachtree Ridge from as part ofa $48.
5 million package that also includecd 100 Ashford Center a 154,000-square-foot Central Perimeter mid-rise. Parthenon Realtyu had acquired both properties from affiliates of inearlu 2006.