Lincoln Property Company Southeast Negotiates New Lease, Renewals at Newly Renovated Crestwood Pointe in Duluth
Staff Report From Metro Atlanta CEO
Monday, August 27th, 2018
Lincoln Property Company Southeast (Lincoln) has secured a new lease and two lease renewals at Crestwood Pointe I and II in Duluth, Georgia. Matt Davis and Michael Howell of Lincoln represented the owner, OA Development.
Deals at Crestwood Pointe I and II include:
The Professional Insurance Agents of Georgia, Inc. renewed its lease for 5,936 square feet at Crestwood Pointe I. Rob Coatsworth and Jeff Richardson of CTR Partners represented the tenant.
Bach James Mansour & Company, P.C. renewed and expanded its lease, and will now occupy 5,146 square feet at Crestwood Pointe II. Arthur Tillem of Magellan Properties, Inc. represented the tenant.
Jonas Software signed a new lease for 2,279 square feet at Crestwood Pointe I. Chris Stelling of CBRE represented the tenant.
“As one of the country’s fastest-growing counties for the past 20 years, Gwinnett County is an ideal location for companies looking to grow in a dynamic and booming business economy,” said Lincoln’s Davis. “Crestwood Pointe’s location within the Opportunity Zone offers an unbeatable incentive for companies looking to expand, and provides an excellent opportunity for companies like these.”
These new leases and renewals come on the heels of significant renovations to Crestwood Pointe I’s lobby. The updated space features a two-story atrium with a second-story balcony lobby.
Located off Pleasant Hill Road near Interstate 85 with immediate proximity to hotels, banks and dining, Crestwood Pointe offers suites ranging from 1,835 square feet up to 21,895 square feet. The property offers surface parking with five spaces per 1,000 square feet and efficient, 22,000-square-foot floorplates.
Crestwood Pointe is located within the Gwinnett County Opportunity Zone which offers tax credit incentives of $3,500 per new employee, per year, for five years.