Renewed Partnership: CP Group and T-Mobile
CP Group, known as the largest private owner of commercial office space in Atlanta, has announced an important lease renewal with T-Mobile. This new agreement covers around 100,000 square feet at One Ravinia, which features two well-known 17-story office towers that together provide a total of 800,000 square feet in Atlanta’s bustling Central Perimeter submarket.
T-Mobile's Role at One Ravinia
T-Mobile established its Atlanta satellite office at One Ravinia back in 2007 and has since played a crucial role in the site's development. The recent lease renewal underscores the strong collaborative relationship between the two companies. Eric Ross from CBRE managed the leasing transaction for CP Group, while T-Mobile was represented by a skilled team from Cushman & Wakefield, demonstrating a proficient partnership in this real estate project.
Commitment to Innovation
Chris Eachus, a Partner at CP Group, shared his excitement regarding T-Mobile’s ongoing commitment. He remarked, “We are thrilled to continue our partnership with T-Mobile as the anchor tenant at One Ravinia. Their dedication to fostering an innovative workplace aligns perfectly with our vision for Ravinia.” This indicates the shared mission of both companies to promote employee well-being and productivity, which is vital for today’s businesses.
Enhancements to One Ravinia
In recent months, CP Group has taken the initiative to implement a variety of capital improvements at One Ravinia. These upgrades include enhanced lobby areas, renovated café and coffee bar facilities, and a trendy tenant lounge complete with outdoor seating. All these changes aim to create a lively office environment that encourages collaboration and social interaction among employees.
New Flexible Work Offerings
As part of these enhancements, CP Group has introduced newly designed speculative office suites, offering 85,000 square feet with options ranging from 2,000 to 10,000 square feet. This initiative falls under CP Group's ‘worCPlaces’ program, which is focused on delivering flexible, move-in-ready office spaces catered to the evolving needs of businesses.
Strategically Positioned Amenities
CP Group has also invested in elevating the onsite conference center that services both One and Two Ravinia. Scott Barr, Senior Vice President at CP Group, highlighted how these advancements are crucial. He noted, “The improvements we have made enhance the tenant experience and allow employers to provide superior work environments.” The location's strategic advantages make it attractive for bringing in and retaining top talent.
Local Accessibility and Amenities
The One and Two Ravinia buildings are located within a prestigious suburban office park, conveniently positioned across from Perimeter Mall. They offer easy access to major highways, including I-285, along with key connectors to GA 400, I-75, and I-85, making this location highly accessible. Tenants also benefit from a variety of onsite amenities, such as a 500-room Crowne Plaza Hotel, a multi-room conference facility, a fitness center, electric vehicle charging stations, and numerous outdoor workspaces.
About CP Group
With over 35 years in the commercial real estate industry, CP Group is recognized as a leading owner, operator, and developer of office and mixed-use properties throughout the Southeastern and Southwestern United States. The firm has successfully acquired and managed more than 170 properties, totaling over 62 million square feet, with an impressive valuation of nearly $8 billion. Currently, CP Group ranks among the 25 largest office landlords in the country, maintaining its headquarters in Boca Raton, Florida, and additional offices in major cities including Atlanta.
Frequently Asked Questions
What is the significance of the lease renewal with T-Mobile?
The lease renewal with T-Mobile solidifies its role as the anchor tenant at One Ravinia, reinforcing a strong partnership with CP Group.
What improvements have been made at One Ravinia?
Recent enhancements at One Ravinia include upgrades to lobby areas, renovations of café facilities, and the addition of modern tenant lounges designed for collaboration.
What are ‘worCPlaces’ offered by CP Group?
worCPlaces is CP Group's flexible workspace program that provides customizable office suites to accommodate the dynamic needs of businesses.
What amenities are available at One Ravinia?
One Ravinia offers amenities like a conference facility, fitness center, outdoor workspaces, and close proximity to shopping and dining options in the Central Perimeter area.
How does CP Group enhance tenant experience?
CP Group enhances the tenant experience through strategic property improvements and a commitment to creating vibrant, collaborative environments for employees.
