Friday, February 11, 2011

PwC Signs Long-Term Lease for Five Floors at 12th & Midtown in Atlanta

 ATLANTA, GA /PRNewswire/ -- PwC US, the Big Four assurance, tax and advisory firm, has recommitted to its future in Midtown Atlanta by signing a 16-year lease with Daniel Corporation for 140,000 square feet of space at the 1075 Peachtree office building (top left photo), part of 12th & Midtown, a mixed-use development that serves as the cornerstone of Atlanta's Midtown Mile.

Approximately 1,100 PwC partners and professionals will move into five floors of the 725,000-square foot state-of-the-art facility in mid-2012.

Beyond signaling its plans for continued growth and its confidence in the Atlanta market, PwC determined that a move to 1075 Peachtree would offer a number of advantages for the firm's clients and people, including an on-site Loew's hotel and conference center that will facilitate on-site events and support training needs. The building is also Silver LEED certified by the US Green Building Council.

"Our business and culture are based on building relationships, delivering value and winning in the global marketplace. 1075 Peachtree supports those elements locally for both our clients and our people," said PwC Market Managing Partner Gary Price.(middle right photo)  "The new building's impressive amenities and features, stunning architecture and prime Midtown location were too compelling to pass up," Price added.

"PwC embodies the international leader we envisioned occupying the space in 1075 Peachtree," said Doug Guedry, (middle left photo) vice president of office leasing for Daniel Corp. "The firm's reputation for outstanding performance and exceptional innovation is in line with our mission to bring value to Midtown, and we look forward to collaborating with PwC as they build out a world-class office environment."

The transaction was brokered by Timothy Dempsey and John Shlesinger of CB Richard Ellis, a commercial real estate firm offering a full range of services for property owners, occupiers and investors.

CONTACT: Mary Reynolds,, or Audrey Califf,, +1-404-888-9348, v., +1-877-231-1568, tf., or +1-404-888-9349, f., or Elliott Frieder, PwC US, +1-646-471-3108,

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