Cushman & Wakefield has secured a 20,838-square-foot, full-floor lease on behalf of Networx Systems for its North American headquarters at Buckhead Tower, located in the heart of Atlanta’s Buckhead submarket. The company, founded in Israel, is a leading web based platform dedicated to supporting homeowners in their search for top rated, trusted contractors, matching more than 800,000 homeowners to contractors each year.
“As a high growth company, we needed a space that would accommodate our current employees and allow us to double in size by 2020,” said Steve Storch, CEO of Networx Systems. “It was important to us to be in a likeminded business environment and to find a space that we could build-out to suit our innovative, growth oriented culture.”
April Parrish, Kirk Diamond, Erin Smith and Stephen Bellwood of Cushman & Wakefield secured the lease on behalf of the tenant, and Adam Viente and Jeff Frantz of JLL represented the landlord, Parmenter Realty Partners.
Networx will relocate from Roswell to Buckhead Tower this summer. The company currently includes 110 employees, and expects to grow to 200 employees by 2020, adding roles in product ownership, marketing, and US/UX design, as well as internships.
The 348,152-square-foot Buckhead Tower is located at 3399 Peachtree Road at the corner of Lenox Road and East Paces Ferry, adjacent to the Buckhead MARTA station. The 19-story Class A office building includes notable tenants such as State Bank, Gables Residential, Applied Systems and Crowe Howarth.