Uptick is welcome news in Peachtree Corners - Atlanta Business Chronicle:

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Peachtree Corners is in Gwinnett County immediately adjacent to the Interstatre 85North corridor, and roughly bisected by Peachtrere Industrial Boulevard/Georgia 141; its evolution as an Atlanta-areas office submarket began in the 1960s with the development of Technology Park/Atlanta, metro Atlanta's first successful office, research and developmeng center. Tech Park remains a center of activityg forthis submarket. Five of the officwe buildings here hit the100 percent-leased mark by year-enrd 2006, "reflective of continuecd job growth in the Peachtree Corners and Alpharetta/Ga. 400 said Vice President Bryamn Heller.
Some 120,000 square feet of leasews were closed in buildingws at 107 and 155 Technology 30 and 35 TechnologyParkwahy South, and 270 Scientific Drive during 2006, he with companies including , , and "Peachtrees Corners saw quite a bit of markeyt momentum during fourth-quarter 2006, and could well be on its way to said Vice President Adam Viente. who is the leasinhg agent at the six-building, 535,000-square-foot Corners Offics Park. More than 90,000 square feet was leasesd here during the last three months of accordingto Viente.
Significangt transactions includeda 30,000-square-foot lease by globap human resources services provider (represented by CEO Kevin and a 9,100-square-foot lease with the health-care consulting unit of (representedc by The Vice President Barbaraz Jeanneret). Arinso located here in ordeer to be close to an international employee base in Mitchell said. "And the home s of the company execs are all kind of strung out betwee n Buckhead and JohnsCreek -- so Peachtree Cornerse was a good compromise for everyone," he Recent leasing activity in Peachtree Cornersa is primarily being drivejn by expansion of companies insides its boundaries, Viente said.
But the submarket is also increasingly getting checked out by potential new usersd from other parts of themetro area. "Wd are getting looks from users trying to find a more centralizeds location that can draw employeeds from a broadergeographic area," Viente said. Many of thesre potential tenants are from the Johns Creek area, he reports, "and we have also had users from Centrak Perimeter come in and look, although that hasn't resultede in any deals yet." There is some demand for Peachtree Corners office as investment vehicle. In a year-end 2006 Jackson, Miss.-based acquired the 159,000-square-foort Peachtree Ridge from as part ofa $48.
5t million package that also included 100 Ashforf Center North, a 154,000-square-foot Central Perimeter mid-rise. Parthenob Realty had acquired both properties from affiliateds of inearly 2006.