One of Nation's Largest Office Sublet Listings Hits Market in Atlanta

NCR lists Midtown office towers in aftermath of corporate split

One of the largest sublet availabilities in the country has just hit the Atlanta market in the aftermath of the tenant's corporate split.

NCR listed for sublease the second of two Midtown towers housing its global headquarters, a footprint that totals nearly 700,000 square feet of contiguous space. With the listing, the company is now offering all of its space at the Eighth on Spring campus for sublease after putting the 13 floors it leases in the South Tower at 858 Spring St. on the market two years ago.

The financial technology company's listing at the 20-story, roughly 500,000-square-foot North Tower at 864 Spring St. NW creates one of the largest availabilities in the United States at a point when tenants are slowly shedding their residual pandemic-era hesitation and committing to increasing amounts of space.

"We're seeing a noticeable uptick in demand for larger and larger blocks of space, especially as companies are solidifying their return-to-office strategies," Cresa Vice President Kaleigh Schlosser, one of the brokers marketing the space on NCR's behalf, told CoStar News. "Atlanta doesn't often see availabilities on this scale, especially in Midtown, and what makes this extraordinary is that it's completely ready for any quickly growing company to plug right in."