Vonage Relocating from Midtown to Cobb

vonage

Vonage has announced their decision to relocation from their current office in Midtown at 1375 Peachtree. Vonage will lease about 80,000 SF in the Towers at Wildwood Plaza; they plan on taking over the Alere sublease, which would allow for a rapid Vonage expansion over the next few years. The Alere sublease was a good fit for Vonage for several reasons, the first being that Vonage was able to lease the space for under $16 PSF, much less than any space that could have gotten in Midtown or Buckhead. A second reason why Wildwood was a good fit is the fact that in terms of tech companies, the Northwest submarket is a very under-penetrated market. A third reason why Vonage chose this location over several others is they felt as though the office complex as well as surrounding amenities would help them recruit and retain top talent from Atlanta colleges and universities.

0

Add a Comment