CBRE has arranged an approximately 10,000-sq.-ft. office lease at 55 Allen Plaza in Downtown Atlanta for CMSPI, the leading global advisor in retail payments.
Paul Holmes of CBRE represented CMSPI in its most recent office expansion. This is the third time the company has expanded in Atlanta since naming the city its U.S. headquarters in 2016. CMSPI has been at 55 Allen Plaza since 2018.
“55 Allen has been a flexible partner to foster CMSPI’s growth,” said Mr. Holmes, First Vice President at CBRE in Atlanta. “The nearby MARTA station and vehicle ramps to the downtown connector provide ease of access, a paramount consideration for companies today.”
Besides Atlanta, CMSPI also operates offices in Manchester, England; Düsseldorf, Germany; Sydney, Australia; Singapore, and San Diego, California. The company has grown its global headcount by 1,000% since 2016. With its recent expansion, more local hires are expected.
“Atlanta has been called ‘transaction alley’ because nearly 70% of all payment card transactions are processed here and more than half of U.S. financial technology firms are based in the area. This is one of the major reasons why we’ve continued to grow our business here in this great city,” said Elley Frost, President of CMSPI. “With our new expansion, CMSPI is seeking innovators to join our vibrant team. We’re excited to continue fostering high-performing talent in a rapidly growing industry.”
CMSPI’s most recent expansion will keep the company on the 5th floor of 55 Allen Plaza. The 14-story, 348,658-sq.-ft. Class A office building is located at 55 Ivan Allen Blvd. NW. The property offers an array of amenities including a 5,000-sq.-ft. fitness center with private lockers and showers, a 100-person conference center, catering kitchen, sundry shop, covered parking and easy access to nearby hotels, museums, restaurants, the Civic Center MARTA station, and Interstate 85.