Menlo Equities Acquires Echo Street West in Atlanta

Menlo Equities acquired the office component of the mixed-use Echo Street West project from Lincoln Property Company (“Lincoln”), a global full-service real estate firm. Lincoln has been retained to handle leasing for the recently delivered 305,000-square-foot creative office asset in Atlanta’s West Midtown neighborhood. Consisting of three separate buildings, Echo Street West is Atlanta’s first exterior core office building and features a cutting-edge design consisting of steel, cross-laminated timber and glass. Situated directly along the Beltline’s Westside Connector trail and offering 6.5 acres of outdoor greenspaces, Echo Street West offers a highly collaborative outdoor environment in a mixed-use setting that is unmatched in Metro Atlanta’s urban core.

“Menlo was attracted to the placemaking aspect of this project and its location in West Midtown, close to the Beltline and Georgia Tech’s West Campus, which puts it in proximity to a deeply talented labor pool,” said Michael Howell, Executive Vice President of Lincoln.

Hunter Henritze, Executive Vice President of Lincoln, added “Menlo Equities understood our vision for the entire Echo Street West project and believes in the success and expansion of this neighborhood. With so little new development coming to market in Atlanta over the next several years, Echo Street is one of the few remaining new construction opportunities for tech and professional services tenants that want to have an impactful, state-of-the-art office presence in the city. We are excited to bring new momentum to this project and are pleased that Menlo has put their trust in us to help execute their leasing strategy for this asset.”

The three creative office buildings acquired by Menlo include 765 Echo St NW, which includes 275,000 square feet; 755 Echo St NW, spanning 8,000 square feet; and 745 Echo St. NW, offering 22,000 square feet.

“We are very excited at the opportunity to acquire an asset of this quality in a burgeoning, mixed-use neighborhood,” said Max Sanford, Partner of Menlo Equities. “This project is precisely what tenants are looking for in today’s market and we look forward to bringing new tenants to the project and the neighborhood while we further expand our portfolio within Atlanta.”

For office and retail leasing inquiries at Echo Street West, please visit www.echostreetwest.com.

About Menlo Equities

Menlo Equities is a vertically integrated commercial real estate investment firm headquartered in Menlo Park, with additional offices in Newport Beach, Austin, and Santa Clara. The firm was founded in 1994 and targets mission critical properties located in the most vibrant innovation driven markets in the United States. Menlo Equities employs an investment approach that focuses on value creation through opportunistic acquisitions and rigorous property and asset management. Since inception, Menlo has acquired or developed $8.6 billion of assets totaling 26.9 million square feet in the data center, R&D/lab, life science, office, and industrial asset types through multiple targeted investment platforms. For more information, please visit www.menloequities.com.

About Lincoln Property Company

Lincoln Property Company (“Lincoln”) is one of the largest private real estate firms in the United States. Offering a fully integrated platform of real estate services and innovative solutions to owners, investors, lenders and occupiers, Lincoln supports the entire real estate lifecycle across asset types, including office, life science, retail, industrial, data center, production studio, healthcare, government, universities, and mixed-used properties, throughout the United States, United Kingdom, and Europe. Lincoln’s combined management and leasing portfolio on behalf of institutional clients includes more than 562 million square feet of commercial space. In addition to providing third-party real estate services, Lincoln has completed over 164 million square feet of development since its inception in 1965 and has another $19.5 billion currently under construction or in the pipeline. For more information, visit: www.lpc.com.