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400 Perimeter Center Terrace in Atlanta

Franchisor Expanded at 400 Perimeter Center Terrace

A developer, operator and franchisor of Popeye's Louisiana Kitchen, expands its presence in the North Tower at 400 Perimeter Center Terrace in Atlanta. The company signed a lease in the fourth quarter of 2011 for over 56,000 SF with rent in the low-$20s PSF. Late in 2013, the company added just under 10,000 SF of additional space for nine years at a slightly higher rent in the mid-$20s PSF. 400 Perimeter Center Terrace is also home to auto insurance and industrial software companies, both of which signed leases in the low to mid-$20s PSF in 2013. Additional a life insurance company recently purchased the building from RBS, and the upcoming renovations will likely result in increased rent.