March 09, 2017
ATLANTA – Transwestern’s Atlanta office today announces it has been retained by Sumitomo Corporation of Americas to provide management services for AFC, a Class A, trophy asset at 3353 Peachtree Road NE in Buckhead.
“Our commitment is always to provide extraordinary service at each asset we serve,” said Bruce Ford, Transwestern’s Southeast President. “Our leasing and property management teams will work alongside Sumitomo to capitalize on the tremendous potential of this asset and ensure we deliver above and beyond all expectations.”
AFC is a three-building, 914,774-square-foot office complex, making it the largest property in terms of square footage that Sumitomo has purchased to date. Transwestern will oversee impending renovations at AFC, as well as utilize its innovative approach to service delivery to create a unique community environment at the building. Transwestern has also been retained to provide leasing services for the building, which currently stands at 85 percent occupied.
This approach to client service, called The Transwestern Experience, reflects the firm’s unique culture and produces measurable results for clients. This approach permeates every business line at Transwestern, including property management. The Transwestern Experience has resulted in an average 12 percent increase in overall tenant satisfaction and 94 percent satisfaction in response speed/efficiency.
With the latest addition of AFC, Transwestern’s property management portfolio in Buckhead has increased to 2.8 million square feet and includes premier assets such as The Pinnacle, Two Live Oak and 3630 Peachtree. These world-class buildings house blue-chip global firms such as Bank of America, Citigroup, UBS, SunTrust and Morris, Manning and Martin.
“We have been able to break into a tough yet growing market through dedicated teamwork and emphasizing that everyone – from building owner to occupants to vendors and visitors – is our client,” said Ford. “Our handpicked teams for these engagements create incomparable workplace environments for the outstanding companies that occupy these buildings, and we are certain we will continue to exceed expectations at AFC.”
Transwestern is a privately held real estate firm of collaborative entrepreneurs whodeliver a higher level of personalized service – the Transwestern Experience. Specializing in Agency Leasing, Management, Tenant Advisory, Capital Markets, Research and Sustainability services, our fully integrated global enterprise adds value for investors, owners and occupiers of all commercial property types. We leverage market insights and operational expertise from members of the Transwestern family of companies specializing in development, real estate investment management and research. Based in Houston, Transwestern has 34 U.S. offices and assists clients through more than 180 offices in 37 countries as part of a strategic alliance with BNP Paribas Real Estate. Experience Extraordinary at transwestern.com and @Transwestern. For updates from the Southeast region, follow @TranswesternSE.
ABOUT SUMITOMO CORPORATION OF AMERICAS
Sumitomo Corporation of Americas has almost 30 years of real estate investment and development experience in the U.S. With investments in commercial office buildings, multi-family communities, planned developments and single family homes, the Company maintains a diverse and balanced real estate portfolio. Throughout the years, SCOA has been an active investor in the commercial market, acquiring and selling properties in New York, San Francisco, Washington D.C., Los Angeles, Phoenix, Tempe and Miami. SCOA's current office building investments include 450 B Street in San Diego, acquired in 2013, 203 North LaSalle in Chicago, acquired in 2014, and Miami Tower and Atlanta Financial Center in 2016.