CP Group Expands Office Real Estate Portfolio With Third-Party Management of 55 Allen Plaza in Downtown Atlanta

CP Group has been appointed third-party property manager and leasing advisor for 55 Allen Plaza, a 14-story Class-A office tower located at 55 Ivan Allen Jr. Boulevard NW in Downtown Atlanta, the firm announced. The assignment expands CP Group's Atlanta office real estate footprint and brings the firm's tenant-focused management approach to the building.

Leasing Strategy and Cushman & Wakefield Assignment

As part of the management transition, CP Group has selected Zach Wooten, Stephen Clifton, and Payton Maxheimer of Cushman & Wakefield as exclusive leasing agents for the property. The leasing strategy will prioritize the building's top four floors, which are currently available and offer top-of-building signage opportunities along one of Atlanta's primary commercial corridors.

"55 Allen Plaza presents tenants with seamless access to primary regional highways and a comprehensive array of both on-site and nearby amenities, combined with superior, high-visibility signage opportunities that deliver exceptional brand exposure," Clifton said. "It stands as one of the most dynamic opportunities in the market for any tenant seeking to elevate their corporate presence and overall workplace experience."

CP Group also plans to develop new move-in-ready office spec suites through its portfolio-wide worCPlaces program. These additions will complement existing available spec suites ranging from 2,500 to 5,000 square feet. The firm additionally intends to enhance the property's on-site food and beverage offerings.

Tenant Experience Program and Amenity Upgrades

CP Group will implement its portfolio-wide Tenant Experience Program at 55 Allen Plaza, designed to deliver concierge-style service and foster a greater sense of community within the building. The program includes a refreshed marketing strategy and enhanced tenant services.

"55 Allen Plaza has everything that leading companies expect from a great office environment: location, wellness-focused amenities, and a great tenant base. We're eager to add to the experience with the concierge service, hands-on tenant relations and management excellence we're known for," said Chris Eachus, Founding Partner at CP Group. "We've built a meaningful presence in Atlanta, and we'll be leveraging our fully integrated operational expertise in this building and continue to grow its impressive tenant roster."

The building's existing amenity package includes a conference facility accommodating up to 100 people, a fitness center with private locker rooms and showers, a tenant lounge, an on-site coffee shop, and a 24/7 grab-and-go micro market. The property holds LEED Platinum, BOMA 360, Energy Star, and WELL Health-Safety certifications and is a recognized top performer in the Atlanta Better Buildings Challenge. Sustainability features include energy-efficient lighting and HVAC systems, water-saving fixtures, green cleaning practices, and EV charging stations.

55 Allen Plaza offers direct access to I-75 and I-85 and is one block from the Civic Center MARTA station. The building is also directly connected to a new JW Marriott hotel opening this summer, which will introduce additional restaurant options and meeting spaces to the property.

CP Group's Growing Atlanta Office Real Estate Presence

The 55 Allen Plaza assignment follows an active period of repositioning activity for CP Group across Atlanta. The firm has recently taken on management responsibilities at three other major Atlanta properties: Bank of America Plaza in Midtown, The Center — formerly CNN Center — in Downtown, and Piedmont Center, a 2.2-million-square-foot, 14-building campus in Buckhead.

About 55 Allen Plaza

55 Allen Plaza comprises 14 stories of Class A office space in Downtown Atlanta. The property's certifications and proximity to major transit and highway infrastructure have positioned it as a competitive option in the downtown submarket. With the addition of CP Group's management platform and the Cushman & Wakefield leasing team, the building's ownership is focused on filling remaining vacancies, particularly on the tower's upper floors.