International Tech Group Subsidiary Consolidates Operations at 5405 Windward Parkway
By Balazs Szekely, Associate Editor
Andritz Inc., a U.S. subsidiary of the Andritz Group, is moving to 5405 Windward Parkway. The company recently signed a long-term lease for 40,000 square feet. To landlord Highwoods Properties Inc.’s relief the building has reached almost complete occupancy.
Headquartered in Graz, Austria, Andritz Group is a globally leading supplier of plants, equipment, and services for hydropower stations, the pulp and paper industry, the metalworking and steel industries, and solid/liquid separation in the municipal and industrial sectors. The publicly listed group has a staff of around 23,700 employees and operates over 250 production sites as well as service and sales companies all around the world. It ranks among the global market leaders in all four of its business areas.
Ed Fritsch, President and CEO of Highwoods is grateful for Andritz’s choice and also expressed his pride in the company’s local agents.
“We thank Andritz for choosing Highwoods and we applaud our Atlanta team for their rapid success in backfilling this building with two high-quality customers who are new to Highwoods,” he says.
Built in 1997, the 240,000 square-foot building boasts prime Alpharetta location in Metro Atlanta’s North Fulton submarket with easy access to the interchange of GA 400 and Windward Parkway. The property’s lineup of amenities includes a number of green features such as bike storage, easy access to public transit, high efficiency lighting fixtures, low water irrigation system and a clever energy management system. With this transaction, the company has relet 97 percent of the 223,000 square feet vacated in last October.
Photo credits: Highwoods PropertiesTags: 5405 Windward Parkway, Alpharetta, Andritz Group, Andritz Inc., Atlanta, Atlanta Lead Story, economy, Ed Fritsch, Finance/Investment, Green, Highwoods Properties Inc., Investors, leasing, Local, National, North Fulton, Office, operations, Regional, Tech, Technology