Manulife US REIT renews lease with 4th largest tenant
Kilpatrick Townsend extended its lease at 1110 Peachtree, Atlanta, to 2030.
Manulife US REIT (MUST) has secured a 65-month renewal for Kilpatrick Townsend.
The law firm is the largest tenant of 1100 Peachtree in Midtown, Atlanta, making up about a third of the net lettable area of the building.
The Atlanta-headquartered international law firm is also MUST’s fourth largest tenant.
Following renewal, the expiry of Kilpatrick Townsend’s lease was extended from July 31, 2025, to December 31, 2030.
MUST is undertaking renovation of the Atlanta building’s ground floor and common spaces. The REIT expects to complete the USD$18m asset enhancement in 2025.
The enhancement will include a complete renovation of the lobby, elevator cabs, upgraded landscaping and hardscaping of the building exteriors, a new glass storefront system at the building entrance and the addition of an upscale coffee bar in the lobby.
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