July 15, 2009
Ackerman & Co. to Develop AdvancEd’s Corporate Headquarters
ATLANTA (June 15, 2009) – Ackerman & Co. will develop a 60,000-square-foot headquarters building in Alpharetta for AdvancED, the parent company of the Southern Association of Colleges and Schools, Council on Accreditation and School Improvement. The project, being managed by Ackerman, will be located on 5.5 acres along Westside Parkway near Maxwell Road.
AdvancED, which is responsible for the accreditation and school improvement services for more than 27,000 educational institutions around the globe, will move from its current locations in Decatur, including a 26,000-square-foot facility behind the Veterans Administration hospital.
Ted Schwartz, Senior Vice President at Ackerman & Co., represented AdvancED in the land purchase from Cousins Properties Inc. and handled the organization’s 16-month sublease at Northwinds II – a lease the company will occupy, beginning in July, until the headquarters is completed.
“Our steady growth during the past decade requires us to expand our corporate office to ensure that we are able to continue providing outstanding service to our schools and school systems throughout the world,” said Dr. Mark Elgart, President and CEO of AdvancED. “Ted did a great job in helping us find land that wasn’t even being marketed for sale.”
AdvancED will also pursue LEED Silver or higher designation on its headquarters. R.J. Griffin will act as the general contractor with Warren Epstein and Associates as the architect.
— ABOUT ACKERMAN —
Headquartered in Atlanta, Ackerman & Co. is one of the oldest full-service commercial real estate companies in the southeastern United States. Our expertise in four primary disciplines —brokerage, development, investment and management — enables us to quickly and effectively respond to our clients and create value through innovative real estate solutions.