Atlanta is currently experiencing a dramatic surge in technology-related industries, thanks in part to our deep talent pool and comparatively low cost of living. We are seeing dozens of HQ relocations from the West and Midwest land in Atlanta, specifically along the fiber-rich spine of the city and inside the perimeter; the highest concentration of technology firms is in the Midtown submarket. Despite the trend towards moving inside the perimeter, one firm has decided to stay in the suburbs.
Technology firm Clearleap, which specializes in communications platforms, has announced their decision to relocate their headquarters from a Sugarloaf Parkway office complex to 3100 Breckinridge Blvd. Clearleap will take 50,000 SF and plans to expand into another 20,000 SF in the future. Reps for Clearleap said that staying in the suburbs was the best choice for them for many reasons, one of which being the flexibility. Clearleap doubled its headcount last year, and the office complexes in the suburbs offered more options for expansion than intown submarkets. Clearleap is confident that it can create enough culture in their suburban office to compete with some of the more modern and trendy buildings in Midtown and Downtown that are currently drawing a lot of attention from tech firms. And just in case it can’t, Clearleap will keep a small office at Atlantic Station to maintain a presence amongst its Midtown competitors.Share