Trammell Crow Completes 345,000 SF, Transit-Served Office Building in Metro Atlanta
DUNWOODY, GA. — Dallas-based developer Trammell Crow Co. has completed Twelve24, a 345,000-square-foot office building located at 1224 Hammond Drive in Dunwoody, a suburb of Atlanta in the metro’s Central Perimeter submarket.
The 16-story building features a skybridge with direct access to the Dunwoody MARTA Station. Twelve24 is also located adjacent to Perimeter Mall and in close proximity to Interstate 285 and State Route 400.
In addition, Twelve24 houses 11,000 square feet of ground-floor retail space, 7,500 square feet of which is preleased to Iron Hill Brewery & Restaurant. Insight Global, a national staffing and services company, has leased approximately 72 percent of the office space as the anchor tenant.
The building offers an amenity floor with a fully staffed, 10,000-square-foot fitness center, an indoor conference center, tenant lounge and a café. Outdoor amenities include a yoga lawn, multiple lounge areas and a covered outdoor conference center.
According to a second-quarter report on the Atlanta office market from Colliers International, the Central Perimeter submarket has a direct vacancy rate of 14.7 percent and has seen more than 1 million square feet of positive absorption year-to-date.
Trammell Crow is also working with Concord Hospitality Group to develop a 177-room Hyatt Place hotel on an adjacent parcel. The nine-story hotel will connect directly to Twelve24, and office users and hotel guests will share an elevated terrace area between the two buildings. The hotel is nearing completion and is scheduled to open in September.
Duda Paine Architects designed the office building, with Wakefield Beasley & Associates serving as the architect of record. Brasfield & Gorrie was the general contractor. CBRE is handling leasing of both the office and retail components of the building, which has 90,000 square feet of office space still available for lease.
“This project was thoughtfully designed, both in terms of its connectivity to mass transit and its various amenity spaces, which were envisioned as active destinations, rather than pass-through areas, said Brandon Houston, principal of Trammell Crow’s Atlanta team.
“We believe the spacious amenities and collaboration spaces we’ve created at this property, along with the technology incorporated into the design — Bluetooth mobile building access and touch-less fixtures — allow for social distancing and a touch-free experience.”
— Taylor Williams