Social Media Giant Chooses West Midtown to Continue Growth - Hines

Social Media Giant Chooses West Midtown to Continue Growth

Facebook to lease entire floor at T3 West Midtown

(ATLANTA) – Hines, the international real estate firm, today announced Facebook, Inc. (Nasdaq: FB) will lease an entire floor – 35,900 square feet – at T3 West Midtown, the Southeast’s first heavy-timber office development, bringing the development to 65% leased. The social media company is expanding its West Midtown footprint, at a time when Atlanta’s technology industry is seeing increased activity in the submarket.

“T3 West Midtown is by design a highly differentiated office property introduced to Atlanta with the intention of attracting forward-thinking, innovative customers,” said John Heagy, Hines senior managing director. “Facebook is the market leader in the social networking realm, and it’s only fitting for the company to expand its Atlanta office to one of the city’s most progressive, sustainable office buildings. West Midtown is a true contender for Atlanta’s new tech hub, and Facebook’s move into T3 only reaffirms that.”

“When considering the next phase of our growth in Atlanta, we wanted our newest office space to feature a highly-sustainable design concept and to be situated within a vibrant community. From open workspaces to creative art installations from local artists, we’re excited to create a new office that inspires collaborative impact and enhances individual employee well-being at T3 West Midtown,” said Jamila Reeves, corporate media relations manager, Facebook.

The seven-story, heavy-timber T3 office building is the first of its kind in the market featuring more than 230,000 square feet of space, including ground-level shared social workspace, an expansive fitness center, large outdoor terraces on each floor, a rooftop terrace and an adjacent pocket park. The announcement comes on the heels of Macy’s Technology’s expansion into the building bringing its ecommerce division to the project, occupying over 107,000 square feet of space, and Interior Architect’s move into the building taking over 7,000 square feet of space.

“When Hines launched T3 West Midtown in 2018, we set out to build a project that would combine authenticity with state-of-the-art building systems and technology, an exceptional property that our customers could call home. The completion of the project and the announcement of two major tech tenants, Facebook and Macy’s Technology, are true victories for our team in bringing that vision to life,” said Hines managing director Tori Kerr. “Hines had complete confidence that this project was destined to attract innovative companies considering Atlanta. The office’s rooftop terraces, shared collaboration space, superior technology infrastructure, architectural diversity and proximity to the retail, restaurant and entertainment options in Atlantic Station all make T3 West Midtown a truly unique offering in the Atlanta market.”

T3 West Midtown is part of Hines’ T3 model, which stands for Timber, Transit and Technology, with five of its kind under development around the United States. Alongside T3 West Midtown, Hines is also developing Atlantic Yards, the 500,000-square-foot office development, which is slated to deliver late 2020. Both T3 West Midtown and Atlantic Yards are part of a larger transformation underway at Atlantic Station. The redevelopment of Atlantic Station will reintroduce the retail village to the marketplace with its state-of-the-art central green and collaboration spaces, enhanced tenant mix, new retail and restaurant offerings, additional hospitality options, and the inclusion of new multifamily residential units.

About Hines

Hines is a privately owned global real estate investment firm founded in 1957 with a presence in 205 cities in 24 countries. Hines has approximately $133.3 billion of assets under management, including $71 billion for which Hines serves as an investment manager, including non-real estate assets, and $62.3 billion for which Hines provides third-party property-level services. The firm has 165 developments currently underway around the world. Historically, Hines has developed, redeveloped or acquired 1,393 properties, totaling over 459 million square feet. The firm’s current property and asset management portfolio includes 539 properties, representing over 232 million square feet. With extensive experience in investments across the risk spectrum and all property types, and a pioneering commitment to sustainability, Hines is one of the largest and most-respected real estate organizations in the world. Visit www.hines.com for more information.

Contact Hines

Headquarters

Global Headquarters

2800 Post Oak Blvd.
Houston, TX 77056-6188
United States
1 713 621 8000
Contact Hines

European Headquarters

5 Welbeck St.
London W1G 9YQ
United Kingdom
44 20 7292 1900

Asia Pacific Headquarters

1 Connaught Road, 28F
Central, Hong Kong
China
852 3651 6198

Regional Offices

U.S. East Region

345 Hudson Street
12th Floor
New York, NY 10014
United States
1 212 230 2300

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444 West Lake Street
Suite 2400
Chicago, IL 60606
United States
1 312 419 4900

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5 Ravinia Dr NE
Atlanta, GA 30346
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1 770 206 5300

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609 Main St.
Suite 2400
Houston, TX 77002
United States
1 713 237 5600

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101 California Street
Suite 1000
San Francisco, CA 94111
United States
1 415 982 6200

Asia Pacific Region

1 Connaught Road, 28F
Central, Hong Kong
China
852 3651 6198

Eurasia Region

Gasheka Street 6
Ste. 820
Moscow 125047
Russia
7 495 785 05 00

European Region

5 Welbeck St.
London W1G 9YQ
United Kingdom
44 20 7292 1900

International Offices

Australia

20 Hunter St
Level 10
Sydney, NSW 2000
Australia
61 2 9232 3137

Brazil

Av. das Nações Unidas, 12901
Torre Norte - 6 ° andar
São Paulo 04578-910
Brazil
55 11 5504 7600

Canada

200 King Street West
Suite 1805
Toronto, ON M5H 3T4
Canada
416 595 1949

China

Suite 1000, One Museum Place
669 Xin Zha Road, Jing An District
Shanghai, PRC 200041
China
86 21 6087 2200

France

66 Avenue Charles de Gaulle
Neuilly-sur-Seine, IDF 92522
France
33 1 41 45 80 80

Germany

Hines Immobilien GmbH
Joachimsthaler Str. 1
D - 10623 Berlin
Germany
49 30 726241 100

Greece

Voukourestiou 19
Athens 106 71
Greece
30 210 364 7895

India

One Horizon Center
12th Floor
Gurgaon, Haryana 122002
India
91 124 480 2222

Ireland

Block 2, First Floor
Clanwilliam House, Clanwilliam Place
Dublin 2
Ireland
353 1 7999900

Italy

Via Broletto, 35
Milan 20121
Italy
0039 02 8962921

Italy.info@hines.com

Japan

4F Akasaka K Tower
1-2-7 Motoakasaka, Minato-ku
Tokyo 107-0051
Japan
81 3 6890 3205

Luxembourg

35 F, John F. Kennedy
Luxembourg L-1855

352 264 337 1

Mexico

Torre del Angel
Reforma 350
Mexico D.F. 06600
Mexico
52 55 52428809

The Netherlands

Rokin 69D
Amsterdam 1012 KL
Netherlands
31 208 960 510

Nordic Countries

Forbindelsesvej 4
2100 Copenhagen O
Denmark
44 7815 285 191

Panama

Torre B Piso 15
Torre de las Americas
Punta Pacifica, Panama City
Panama
507 028 20 7375

Poland

Prosta Street 68
Warsaw 00-838
Poland
48 22 351 2400

Russia

Gasheka Street 6
Ste. 820
Moscow 125047
Russia
7 495 785 05 00

Spain

Paseo de la Castella 110 - 2º B
Madrid 28046
Spain
34 91 703 00 23

South Korea

Three IFC, Level 43
10, Gukjegeumyung-ro, Yeongdeungpo-gu
Seoul 07326
Republic of Korea
82 2 6138 4401

United Kingdom

5 Welbeck St.
London W1G 9YQ
United Kingdom
44 20 7292 1900