Coda Commences Vertical Construction

Portman Holdings Georgia Tech Coda groundbreaking
Bisnow

Portman Holdings, Georgia Tech and city officials were on hand for the groundbreaking ceremony today for Coda, the $375M, 770k SF high-tech tower on West Peachtree Street in the heart of GT's Tech Square.

Officials say Coda will have a more than $800M in economic impact with 2,400 on-site jobs once delivered. Other tenants so far include ThyssenKrupp and Next Tier HD, which will operate the 80k SF data center.

Portman nailed down financing this past November with JPMorgan Real Estate Banking and Fifth Third Bank, along with an equity investment by China Orient Asset Management International. Portman's Travis Garland, along with JLL's Kevin Lott, Jeff Bellamy and Adam Viente, have been tapped to lease the remaining office space.

Continue reading this story with a free account

Log in or register
Sign up for more articles like this
Subscribe to Bisnow's Atlanta Newsletters
Related Stories

1375 Peachtree: A Bespoke Design Redefining The Midtown Atlanta Workspace

Why Top-Secret Facilities Are Permeating Greater D.C.'s Office Market

DivcoWest Sells Glendale Office Building For $70M

Furniture Outlet The Dump Is Getting Dumped In Atlanta

Hines And Rialto Close Office Credit Fund At $1.1B

Downtown Atlanta Improvement Group Picks Food Bank Chief As Next Leader

Rig Collapse At Citadel HQ Site Sends 4 To Hospital

Northern Virginia Office Tower Sells For Double Its 2024 Price

Oxford Properties' U.S. Investment Head On Why It's Buying Office Again — And Where

Fertility Provider Opens Clinic At 1900 Lawrence Office Tower: The Denver Deal Sheet

Office Revenues Are Failing To Keep Pace With Expenses

Security Tech Firm Plans Loudoun HQ Move: The D.C. Deal Sheet