Portman Holdings, the developer of Coda at Tech Square, announced today that Keysight Technologies has leased 51,000 square feet of office space in the building, due for completion in 2019. This location near Georgia Tech’s campus is key as the world’s leading electronic measurement company focuses on transforming into a software-centric solutions company.
Coda, the highly-anticipated mixed-use project, is the first project of its kind in Atlanta and in the Southeast. It is designed for technological innovation through every detail – from advanced research facilities and a high-speed data center to outstanding food offerings, outdoor gathering spaces, and the Collaborative Core, which will be the heart of this building. Travis Garland, along with JLL, represented ownership, while Ron Kilby and Kush Mirani with CBRE negotiated the lease on behalf of Keysight.
Strategically positioned within Technology Square in Midtown, Coda offers Keysight walkability and superior accessibility, not to mention proximity to neighboring Georgia Institute of Technology and more than 50 colleges and universities in the surrounding Metro Atlanta area. The facility’s 645,000 square feet of Class T office space will be complemented by 30,000 square feet of retail space, largely around an outdoor plaza that will become a local gathering place and outdoor living room for Tech Square and Midtown Atlanta. Coda also includes an approximately 80,000 square-foot data center and around 600 parking spaces.
“Companies continue to search for locations that support their efforts to recruit and retain the best talent,” said Travis Garland, Director of Leasing for Portman Holdings. “Coda at Tech Square offers a unique ability to quickly tap into the talent near Georgia Tech and Midtown Atlanta. While Midtown is becoming a pre-eminent innovation district, Tech Square is the center of the bullseye.”
This is the second lease officially confirmed in Coda. Keysight Technologies will join ThyssenKrupp, who signed on in December 2016, as tenants in the Class T building.
About Portman Holdings:
Throughout the past 60 years, Portman Holdings has developed over 60 million square feet of premium real estate around the world with a focus on hospitality, office and mixed-use properties. The vertically integrated real estate development, investment, and management company commands a successful global network and has a proven track record with the world’s top financial institutions. Portman Holdings continues to achieve success through investor, partner, and client relationships that deliver exceptional real estate projects. For additional information, visit www.portmanholdings.com and follow the company on Twitter via @PortmanRE.
About Keysight Technologies:
Keysight Technologies is a leading technology company that helps its engineering, enterprise and service provider customers optimize networks and bring electronic products to market faster and at a lower cost. Keysight’s solutions go where the electronic signal goes, from design simulation to prototype validation, to manufacturing test, to optimization in networks and cloud environments. Customers span the worldwide communications ecosystem, aerospace and defense, automotive, energy, semiconductor, and general electronics end markets. Keysight generated revenues of $2.9B in the fiscal year 2016. In April 2017, Keysight acquired Ixia, a leader in network test, visibility, and security. More information is available at www.keysight.com.