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Coca-Cola Debates a Big Move

Coca-Cola is considering a large commercial relocation that would amass a large portion of downtown Atlanta, according to a recent article by BizJournals. The company has been in negotiations with moving into and owning the SunTrust Plaza Tower, which runs 60 stories high. The Coca-Cola team would relocate about 1,000 predominantly IT jobs into the building from suburban Atlanta locations. The Atlanta commercial movers have found that Coca-Cola would have to make a commitment to lease 250,000 square feet for their own use.

The tower was built in the 1990s and serves as the anchor to the Atlanta downtown business district. The tower is conveniently positioned in between Peachtree Center Avenue, Peachtree, Baker and Courtland streets. Though the tower bears the SunTrust name, the bank does not currently have ownership of the building. This move would make Coca-Cola the largest downtown office lease in Atlanta since the American Cancer Society initially leased space seven years ago at the Inforum Building on Williams Street.

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