Cousins Properties to Develop $200M World Headquarters for NCR Corp. in Atlanta’s Tech Square
ATLANTA — Cousins Properties Inc. (NYSE: CUZ) has signed a 15-year build-to-suit lease with tech firm NCR Corp. (NYSE: NCR) to develop NCR’s $200 million world headquarters in Midtown Atlanta. Formerly based in the Atlanta suburb of Duluth in Gwinnett County, NCR’s new headquarters will be located within Tech Square, a multi-block campus of office buildings and retailers located on Spring Street near Georgia Tech. “We are thrilled to be working with NCR to build their world headquarters in Midtown Atlanta,” says Larry Gellerstedt, president and CEO of Cousins Properties. “This is an exceptional opportunity for Cousins to develop and own a cutting-edge, skyline-enhancing trophy tower in Atlanta’s leading technology district.” NCR has pre-leased 100 percent of the planned 485,000-square-foot office building. Cousins recently closed on the acquisition of the land at Centergy North, an office campus within Tech Square. “I have stated very publicly that NCR’s bold, ambitious move to establish a state-of-the-art world headquarters campus in Midtown is a critical first step in a larger goal to create a ‘Silicon Valley of the East’ right here in Atlanta,” says Bill Nuti, chairman and CEO of NCR. “We are currently advocating for other tech leaders and innovative companies to … Continue reading Cousins Properties to Develop $200M World Headquarters for NCR Corp. in Atlanta’s Tech Square
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