Atlanta-based nsoro, recently acquired by MasTec, Inc., leases 24,728 square foot office for headquarters location in Vinings.
Press Release, March 16, 2009
ATLANTA – CresaPartners, an international corporate real estate advisory firm, assisted nsoro MasTec, LLC (nsoro) in their decision to locate a new headquarters facility in the Overlook III building in Vinings. Joe Grace, Associate Director of CresaPartners, and Kevin Creel, Principal, represented nsoro MasTec, LLC in its lease of 24,728 square feet at 2859 Paces Ferry Road SE, Vinings, Georgia 30339.
nsoro MasTec is an Atlanta-based, wireless infrastructure solutions firm founded by Darrell and Ena Mays in 2003 that has grown to almost $200 million in revenue for 2008. The company’s rapid growth is a result of continued year-over-year strong investment by wireless network carriers, in driving additional coverage, capacity and broadband wireless service capabilities for their customers nationwide. nsoro MasTec provides the expert network construction capabilities, project management competencies, and other services required to successfully implement the complex and rapid network growth for these carriers.
“The relocation of our headquarters will cap off a very busy and exciting year for nsoro MasTec,” said Darrell Mays, founder and Chief Executive Officer of nsoro MasTec, LLC. “With CresaPartners’ assistance, we selected Overlook III because it provides a great working environment for all of our employees. We will be consolidating our two existing Atlanta offices in the new space, as well as our recently relocated Houston operations. We are very excited to have consolidated our corporate resources in Atlanta, close to one of our major customers.”
“After evaluating several markets and weighing all options, we felt like the Overlook III building offered everything we were looking for. We explained to the Overlook team where they needed to be to secure the deal and to their credit they were able to pull it all together.” said Joe Grace, Associate Director with CresaPartners. Mr. Grace has also represented nsoro MasTec on negotiations of office space in other cities. CresaPartners is the exclusive tenant representative for nsoro nationwide and in the last year has assisted the company with office leases in Baton Rouge, Nashville, Louisville, San Diego, Birmingham and several locations throughout Florida.
Chuck Francis and Jeff Dils of Cousins Properties Incorporated, represented Parameter Realty Partners, the owner of Overlook III. Parameter Realty purchased the 438,051 square feet building in the historic Northwest Atlanta Village of Vinings in March 2007, for $81,600,000.
About CresaPartners, LLC
CresaPartners is an international corporate real estate advisory firm that exclusively represents tenants and specializes in the delivery of fully integrated real estate services, including: Transaction Management, Project Management, Relocation Planning and Management, Strategic Planning, Site Selection and
Incentives, Subleases and Dispositions, Lease Administration, Capital Markets, and Facilities Consulting. With more than 50 North American offices, CresaPartners is one of the largest pure tenant representation firms in the U.S. and Canada. Through a partnership with Atisreal international real estate group, CresaPartners is a member of one of the leading real estate organizations in the world, covering 35 countries. For more information, visit www.cresapartners.com.
About nsoro MasTec, LLC
nsoro MasTec, LLC is a worldwide technology solutions firm specializing in supplying, designing and managing wireless infrastructure for commercial and governmental entities. The previously privately-held company was acquired in August 2008, by MasTec, Inc., a leading communications and energy infrastructure service provider in North America. MasTec designs, builds, installs, maintains and monitors internal and external networks for leading telecommunications, broadband, energy and Fortune 1000 companies and government entities. MasTec is traded on the NYSE under the symbol MTZ. For more information, visit www.nsoro.com.