Atlanta, GA -- Applied Systems Intelligence, Inc., (ASI) (www.asinc.com) has leased 19,530 SF at The Alter Group's (www.altergroup.com) Brookside Concourse business park in Alpharetta, GA. Michael J. Alter, President of the Chicago-based national corporate real estate development firm, announced the lease.
ASI will use the space, located at 3650 Brookside Parkway in Brookside/100, as its corporate headquarters. The firm will move approximately 50 employees to the new office, and hopes to increase its staff by 10 people over the next year.
The lease includes provision for ASI to expand within Brookside Concourse.
ASI is one of the nation's leading providers of cognitive technology used to develop high- advanced-decision-aiding systems. The firm's client base includes the military, government and business.
Gregg Metcalf, Vice President, represented The Alter Group in the transaction. Rob Coatsworth, Broker with CTR Partners, LLP, represented ASI.
"The spectacular amenity base, the quality management, aggressive lease terms and the fact we met ASI's extremely specific build-out and security requirements lured the company to Brookside. Significant in-park amenities within walking distance include daycare facilities, restaurants, shopping, a Georgia State University campus, a network of walking trails along the Alpharetta Greenways and the Big Creek Nature Trail," Metcalf said.
The 45-acre Brookside Concourse is located at Highway 120 (Old Milton Parkway, formerly State Bridge Road), just east of Georgia 400.
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.