STS Relocates Headquarters to New High Tech Facility
Atlanta, GA (July 25, 2006) – Transwestern Commercial Services “Transwestern”) is pleased to have represented STS LLC and UtiliQuest LLC (“STS/UtiliQuest”) in their recent headquarters relocation from Northridge Point to Concourse Corporate Center IV, located in the Central Perimeter submarket. STS/UtiliQuest signed a lease with the owner for 16,764 square feet of space in the building in September of 2005 and moved into the building in early January 2006.Greg Baxendale, Vice President with Transwestern, represented STS/UtiliQuest in this transaction. The owner of Concourse Corporate Center IV was represented by Penny Waguespack of Cousins Properties.
“We are very excited about our new location,” said President and CEO of both STS LLC and UtiliQuest LLC Jamal Masumi. “We now have more amenities in the Concourse development for our employees and visiting clients, as well as more offerings in the immediate area.”
Transwestern’s Baxendale added, “By looking at the buildings in the market with large availabilities and leveraging the current conditions, we were able to structure a win-win agreement at Concourse IV. The result is that STS/UtiliQuest is happy with their more efficient space and their new lease structure and the owner now enjoys a solid tenant and increased occupancy.”
About STS LLC
Atlanta-based STS is a leading provider of Utility Engineering and Damage Prevention Services. Our commitment to training and technology enables our nearly 600 employees to provide the highest quality of services to our customers. STS enjoys an industry reputation that is second to none. For more information about STS, please visit: http://www.stsus.net.
About Transwestern Commercial Services
Transwestern Commercial Services specializes in agency leasing, property and facility management, tenant representation, corporate advisory, investment and finance, healthcare advisory, development and research for a broad range of property types including office, industrial, retail and multi-family. The firm oversees the leasing and management of over 600 properties representing more than 100 million square feet and, over the past two years, has leased in excess of 43 million square feet and has represented clients in $6.5 billion of investment sales and financing. In addition to numerous consulting and construction management assignments, Transwestern has developed over 50 projects totaling more than 10 million square feet over the past six years. For more information on Transwestern, please visit http://www.transwestern.net/.
