Lincoln Property Company (“Lincoln”), a global, full-service real estate firm, announced that it has arranged a 48,284-sq.-ft. headquarters office lease extension with Havertys Furniture Co. at Centrum at Glenridge in Sandy Springs. Lincoln represented ownership, CAMCO Investment Group, which recently acquired the property, in the transaction.
Lincoln’s Hunter Henritze, Michael Howell, and Robert deGolian represented CAMCO in the deal with Havertys. JLL’s Josh Hirsh and Patrick Baughman represented Havertys. Havertys, which was established in 1885, is a full-service home furnishings retailer and is publicly traded on the New York Stock Exchange.
“We are thrilled to announce Havertys’ decision to re-commit to the Centrum office building for the next decade. The strategic location offers unparalleled visibility, excellent interstate access, and a vibrant array of lunch options nearby, making it an ideal environment for their continued success,” said Lincoln’s Henritze.
Lincoln was awarded management of the assignment. Senior Vice President Shane Froman, Senior Portfolio Manager Kelly Mulkey, and Senior Portfolio Manager Carlton Harden will oversee property management on behalf of CAMCO providing management, accounting, and construction management services. Lincoln will continue to serve as the leasing team for the property.
Lincoln recently completed renovations on the property, including a new first-floor community break room with a grab-and-go food concept, as well as upgrades to the fitness center. CAMCO plans to unveil a spec suite program in the coming months, with Lincoln handling construction management.
Other onsite amenities at Centrum at Glenridge, an eight-story, 186,827-sq.-ft. building, include a fully equipped conference center and covered parking. The building is approximately 200 ft. from a plethora of dining options. Sandy Springs is a popular area for national and multinational brands, and home to the corporate headquarters of Mercedes-Benz USA, UPS, Newell Brands and Inspire Brands.