ATLANTA, October 31, 2019 – Third & Urban and Granite Properties announced today the completion of construction and three new lease signings at Inland Tract and one new lease signing at sister project, COMPLEX. The two adaptive reuse projects are part of a strategic partnership between Third & Urban and Granite Properties. The buildings offer creative office, showroom and production space in West Midtown, Atlanta and are now 75% leased. Wilson, Hull & Neal is leasing both projects. Kronberg Wall was the architect for both projects and Derucki Construction was the general contractor.
The four leases total nearly 74,000 square feet and were signed by a diverse set of businesses. Mirion Technologies, a provider of nuclear measurement and detection systems, was represented by Michael Tucker at Scotland Wright Associates. Rocket Farm Restaurants, the parent company of prolific chef-owner Ford Fry, was represented by Ben Rosenberg at Vantage Realty Partners. Kitchen United, an off-premise restaurant delivery provider, was represented by Kay Davis and Luke Allen at Newmark Knight Frank. Additional leases were signed by Wellborn & Wallace, a law firm, represented by Jeff Pollock at Pollock Commercial and Woodsmoke Provisions, a seafood purveyor in a direct deal.
“We are ecstatic to welcome this new slate of businesses to our projects, further validating the demand for alternative, urban workspace in Atlanta,” said Pierce Lancaster, Managing Partner, Third & Urban. “It is particularly telling to us that companies like Mirion, the world’s largest nuclear measurement firm, have selected a location and style of flexible space that helps their teams work collaboratively and recruit the talent they need for the future,” he added.
Inland Tract is located at 1218 and 1236 Menlo Drive and offers 78,785 square feet of office and flex/showroom space with open floor plans for upscale workspace and studio needs. COMPLEX offers 110,000 square foot of similar product ideal for retail, showroom and creative loft office use and is located nearby, at 1175 Chattahoochee. The buildings are less than a quarter mile from the future Atlanta BeltLine and offer easy access to Midtown and Buckhead. The projects are also close to Georgia Tech, in a high growth residential area and within walking distance of restaurants, shops and entertainment. This includes Star Provisions, Souper Jenny, Top Golf and the future food hall at Chattahoochee Food Works.
Mirion Technologies will relocate to Inland Tract from Smyrna, GA in the spring with 120 employees. The company will occupy 31,188 square feet of office space, which includes a 6,000 square foot lab. “We chose Inland Tract because of its proximity to Georgia Tech and for its creative work environment that includes a lab, allowing our employees to be innovative, productive and enjoy where they work,” said Matthew Maddox, VP of Product for Mirion Technologies.
Rocket Farm Restaurants, owner of restaurants in Atlanta, Houston, Charlotte and Nashville, will relocate to COMPLEX in the spring with 40 employees. It will occupy 13,165 square feet of office space, which includes a training facility. “Our growing team is excited to join the diverse COMPLEX community. We got our start on the Westside and currently have three restaurants in this vibrant area. With this move, we’re able to double our space, offer a training facility for our staff and provide them with an inspiring space to work,” said Ford Fry, Chef-owner Rocket Farm Restaurants.
Kitchen United, a shared-kitchen concept, which recently raised $40 million in Series B funding, will occupy 15,005 square feet of flex space. The virtual kitchen allows restaurant operators to make food for take-out and delivery only, which will be a valuable amenity to Inland Tract tenants.
Wellborn & Wallace, an Atlanta law firm specializing in Internet law, Intellectual Property Law and Commercial Litigation occupies over 5,000 square feet of office space. “Over the past 30 years, I’ve worked in Class A office towers all over Atlanta. The design of Inland Tract, the walkable amenities and conveniences in West Midtown, the quality of the build-out and construction and especially the people make this the best office environment in the city,” said Pete Wellborn, Managing Partner & Founder of Wellborn & Wallace.
Woodsmoke Provisions, a producer and purveyor of quality, handcrafted smoked and cured seafood, occupies 9,227 square feet of flex space.
Inland Tract offers an abundance of natural light from skylights and storefronts. It features high ceilings and an open-air courtyard with outdoor seating for work meetings and socializing. The buildings offer ample parking and it’s a dog-friendly workspace.
About Third & Urban:
Third & Urban are Developers Building Community—modern, culture-rich adaptive reuse and urban infill that anchors people not just city blocks; that retains context, history and experience, not just tenants; and that creates culture and connection, not just ROI. The Atlanta-based company is focused in the southeastern United States, creating unique spaces for office, retail and residential. The firm seeks opportunities in markets that exhibit a high quality of life, a strong workforce and consistent job growth. For more information, please visit www.thirdandurban.com.
About Granite Properties
Granite Properties is a privately held commercial real estate investment, development and management company founded in 1991, with offices in Dallas, Houston, Atlanta, Denver and Southern California. It has completed more than $7 billion in real estate transactions and more than 27.1 million square feet of real estate development and acquisitions. Granite focuses on creating extraordinary customer experiences in each building through mixed-use environments rich in amenities and customer-centric service to help people flourish. Granite, a NREI Top Office Owner, has been named as one of FORTUNE’s Best Workplaces for seven consecutive years. For more information, visit www.graniteprop.com
About Wilson, Hull & Neal
Since opening the doors in 1972, Wilson, Hull & Neal Real Estate has been a local leader in commercial real estate services in the Atlanta market. With over 315 years of combined local experience between our real estate professionals, Wilson, Hull & Neal Real Estate has one of the most experienced and respected teams in Atlanta commercial real estate. Whether you are a tenant looking for space, a landlord looking to market properties, an investor looking to expand your portfolio, or a developer looking for land, we have the right people and unparalleled experience to achieve the highest quality results. Please visit www.whnre.com for more information.