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Telecommunications giant AT&T is scouting the Central Perimeter submarket for office space to house a call center.
AT&T, which expanded its office presence in Metro Atlanta last year, is seeking up to 100K SF, mainly in the Central Perimeter area that is the nexus of Dunwoody, Sandy Springs and Brookhaven, a CRE executive with knowledge of the search told Bisnow.
No specific location has been selected yet, according to the source.
An AT&T spokesperson told Bisnow it wouldn’t comment “on rumors and speculation.”
CBRE Executive Vice President Mark Davenport is representing AT&T in the office search, according to the source, but Davenport declined to comment when reached by Bisnow.
The deal could be good news for an office submarket still reeling from all-time vacancy highs of more than 27%. Activity has picked up in Central Perimeter’s office market, including Unum Group’s 57K SF sublease at the Terraces office park and AIG’s 180K SF office lease at the 18-story 2002 Summit Blvd. in Doraville, where the insurance giant plans to consolidate 1,000 employees and hire 600 new ones.
Tenants absorbed 16K SF in the first quarter, a drop from 110K SF in the same period last year and 62K SF a quarter ago. But a Colliers report says “recent signings are expected to drive further occupancy gains in the second half of the year.”
Last year, AT&T struck a 205K SF lease for the 1055 and 1057 Lenox Park Blvd. buildings in the Lenox Park office complex near Buckhead. It was part of a reexpansion of the telecommunications company in recent years, after it scaled back its office presence beginning in 2017. Two years ago, AT&T signed a 120K SF lease for 1277 Lenox Park.
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