Westside Paper Scores Leasing Wins: The Atlanta Deal Sheet

Why It Matters

The leasing surge validates Atlanta’s appetite for flexible, adaptive‑reuse office environments and signals confidence in the city’s commercial real‑estate outlook. Parallel industrial transactions and talent hires further reinforce market momentum.

Key Takeaways

• Packsize adds 33K SF, part of 70K SF recent Westside leases
• Westside Paper reached 180K SF leased of its 240K SF capacity
• Construction Resources expanded showroom, Disguise secured 10K SF office space
• CenterPoint bought 251K SF warehouse for $33.5 M in Cartersville
• New hires bring $3 B transaction experience to Portman and Partners RE

Pulse Analysis

Atlanta’s adaptive‑reuse trend is gaining traction as developers repurpose historic structures into modern office hubs. Westside Paper, a former paper mill turned mixed‑use campus, exemplifies this shift. Packsize’s recent 33,000 SF lease not only adds a high‑tech packaging firm to the tenant mix but also pushes the cumulative Westside leasing volume to 70,000 SF in just a few months. With 180,000 SF now occupied out of a 240,000 SF footprint, the project demonstrates that companies value the blend of historic character and contemporary amenities, especially in a market where flexible space is at a premium.

The broader Atlanta office market mirrors this enthusiasm, with diverse sectors snapping up space across the city. Construction Resources expanded its 50,000 SF showroom by an additional 23,000 SF office, while live‑events tech firm Disguise secured 10,000 SF for creative work. Larger moves, such as Choate Construction’s 57,000 SF relocation to Perimeter and Infor’s 82,000 SF sublease for a new headquarters, highlight a pattern of firms seeking modern, strategically located campuses. These transactions illustrate a balanced demand across construction, technology, legal, and logistics firms, reinforcing Atlanta’s reputation as a multifaceted growth engine.

Industrial real‑estate activity remains robust, with CenterPoint Properties acquiring a fully leased 251,000 SF warehouse in Cartersville for $33.5 million, signaling confidence in the logistics corridor. Nearby, Faropoint‑affiliated investors spent over $20 million on two flex facilities in Gwinnett County, underscoring continued capital flow into secondary markets. Talent moves, including Keith Benator’s $3 billion‑worth transaction background joining Portman, add expertise that can accelerate future deals. Collectively, these leasing, sales, and hiring trends paint a picture of a resilient Atlanta market poised for sustained growth.