Atlanta, GA -- Broadcom Corporation (www.broadcom.com) has expanded its office space and now occupies 47,784 SF at The Alter Group's (www.altergroup.com) 106-acre Chattahoochee Corners business park in Duluth, GA. Michael J. Alter, President of the Chicago-based national corporate real estate development firm, announced the transaction.
Broadcom's new lease reflects an expansion of approximately 4,000 SF. The lease is structured to retain the ability to expand into the remainder of the 57,600 SF building.
Broadcom Corporation is a leading provider of highly integrated semiconductor solutions that enable broadband communications and networking of voice, video and data services. One of the world's largest semiconductor firms, Broadcom is based in Irvine, CA.
Todd M. Yates, Senior Vice President of National Development, and Gregg Metcalf, Vice President, represented The Alter Group. Kim Josephson, Broadcom Real Estate & Logistics Technology, represented the tenant.
The award-winning Chattahoochee Corners is located on Peachtree Industrial Boulevard in Gwinnett County (Duluth), GA. The award-winning park’s first three phases have 627,291 SF of office and service-center space. Phase IV completion will give Chattahoochee Corners more than 1,000,000 SF of space.
The Alter Group is a national corporate real estate development firm of office, industrial and healthcare facilities. Additionally, the firm provides comprehensive services in brokerage, construction, investment services, and property and asset management.
Founded by William A. Alter in 1955, The Alter Group has developed close to 100,000,000 SF of speculative projects for its own portfolio and build-to-suit facilities for corporate users. This year, the company has 4,000,000 SF of space, worth $600,000,000, under development in national markets. The firm was recently ranked as # 5 in the National Real Estate Investor survey of America's top office developers.