Another new occupier chooses the Atrium
A US Fortune 500 company has agreed to a new, long-term lease contract for approximately 1,900 sq m of office space in the newly renovated existing Atrium on the Amsterdam South Axis. This will be the first office of the company in the Netherlands. This comes very soon after the other recent Atrium letting of approximately 7,000
sq m to CMS, another South Axis newcomer.
The New Atrium is an investment managed by London-based Victory Advisors and is being renovated in partnership with G&S Vastgoed, the most experienced developer in the South Axis area.
The renovation project includes upgrading works to the garden, entrance, elevator halls, common areas, and HVAC systems. In addition, the Atrium will be expanded by two office towers comprising approximately 20,000 sq m. After the renovation the New Atrium will offer approximately 54,000 sq m of prime office space. The renovated part is on target to achieve a BREEAM Very Good certificate and the owner and developer are working towards a BREEAM Excellent rating for the new towers.
The New Atrium is located on the corner of the Parnassusweg – Strawinskylaan and at the entrance of Station Zuid. This station offers direct rail access to Schiphol, Utrecht and the Hague. The New Atrium is located directly on the A10 and is therefore easily accessible by car.
RentReview Amsterdam advised the tenant in this transaction. CBRE acted on behalf of the owner.
CBRE Group, Inc. (NYSE:CBRE), a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world’s largest commercial real estate services and investment firm (based on 2019 revenue). The company has more than 100,000 employees (excluding affiliates) and serves real estate investors and occupiers through more than 530 offices (excluding affiliates) worldwide. CBRE offers a broad range of integrated services, including facilities, transaction and project management; property management; investment management; appraisal and valuation; property leasing; strategic consulting; property sales; mortgage services and development services. Please visit our website at www.cbre.com.