Allstate Narrows Choices

allstate_protection

We reported a few months ago that IncontinentalExchange purchased 5660 New Northside Drive for their new headquarters; as the company prepares to move into their new space, several major tenants are scrambling to find new locations. Allstate is one of those tenants, and they issued an RFP for about 100,000 SF after ICE closed on the building. It’s looking now as though Allstate has narrowed their options to two: 3100 Interstate N Parkway or 2300 Wildwood. Allstate currently leases 24,979 SF in 3100 Interstate N Parkway and could potentially expand their current footprint to accommodate their need for about 100k SF. The other option for the insurance firm is to relocate completely and move into Wildwood Center at 2300 Windy Ridge Pkwy; if they go with this option, they will move into the space vacated by Coca-Cola as they make their move to SunTrust Garden Offices.

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