Web Conferencing Company Reaffirms Buckhead HQ With Lease Renewal

Terminus 100 200

An Atlanta web conferencing software company is keeping its split presence in Atlanta, and doubling down on it.

PGi inked renewals and expansions at Terminus 100 (above) and Georgia 400 Center in Alpharetta in deals that solidify its presence in both locations through 2028. Terminus will continue to be PGi's HQ. The combination gives the tech company 70k SF of office. Newmark Grubb Knight Frank's Patrick Duffy and Taylor Senter brokered the deal.

Buckhead and Alpharetta are both strategic markets for PGi, so while we did consider alternative locations, as well as consolidating the offices, in the end [Terminus owners] Cousins Properties and [Georgia 400 Center owners] TPA Group provided a compelling transaction structure that aligned well with our objectives,” Senter says. "These offices will augment the company’s long-term business strategy in Atlanta and globally.”

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

JVP Development Is Betting $37M Of Its Own Money That Frisco Is Ready For Spec Office

Hedge Fund Bids $88M For Spirit Airlines' Former HQ

Emory Takes Over Proton Center For $82M: The Atlanta Deal Sheet

Oyster Point's Second Phase Half-Leased As Kilroy Navigates Soft Lab Demand

Dewberry's Midtown Eyesore Quietly Resolves $75M Mortgage

BXP Closes In On Next D.C. Office Development As It Shrinks Assets

Clarion Under Contract To Sell 18-Story Seaport Office Tower

Oil Company Expands Again At Cash Register Building

BXP's 343 Madison Lands $1.2B Loan, Nears Deal With Equity Partner

D.C. Sues To Block HUD Headquarters Move To Virginia

Ken Griffin Completes Takeover Of Brickell Block, Setting Stage For $2.5B Megaproject

Private Equity Firm Buys Former Texas Instruments Campus For New Headquarters