Silvercrest Asset Management Group Secures Premier Buckhead Office Space at Two Alliance Center
The Challenge
Silvercrest Asset Management Group had outgrown its existing office space and was seeking a location that would support future growth while elevating its presence in the Atlanta market. The company desired a highly visible, Class A office environment that would provide a professional setting for employees and clients alike while maintaining flexibility for long-term business objectives.
The firm prioritized a central Buckhead location, efficient parking access, prominent building exposure, and a customized office layout that could be tailored to its operational needs without significant upfront capital investment.
The Solution
Wildmor Advisors represented Silvercrest Asset Management Group in the negotiation and lease execution of 5,552 square feet on the 15th floor of Two Alliance Center, one of Buckhead's premier office towers.
Through strategic negotiations with ownership, Wildmor Advisors secured favorable economic terms that significantly reduced Silvercrest's occupancy costs while maximizing the value of the transaction.
Key lease terms included:
5,552 square feet in Suite 1550
90-month lease term
Initial rental rate of $34.50 PSF
Operating expenses of $14.58 PSF
Annual rental increases of 3%
50% rent abatement during the first 12 months of the lease
Turnkey tenant improvement allowance of $65.00 PSF
Additional $5.00 PSF allowance for out-of-pocket expenses, including furniture, fixtures and equipment (FF&E), cabling, wiring, moving expenses, and related costs
Parking ratio of 2.7 spaces per 1,000 square feet
Highly visible elevator lobby exposure on the 15th floor
The Result
The transaction positioned Silvercrest Asset Management Group within one of Atlanta's most recognizable Class A office buildings while minimizing upfront occupancy costs and preserving capital for continued business growth.
The substantial tenant improvement package allowed the company to create a fully customized workspace tailored to its operations, while the additional reimbursement allowance helped offset critical move-in and technology expenses. The first-year rent concession further enhanced cash flow during the transition into the new office.
By leveraging market knowledge, landlord relationships, and strategic negotiations, Wildmor Advisors delivered a long-term real estate solution that aligned with Silvercrest's operational goals, employee experience objectives, and financial priorities.
Client Outcome
Silvercrest Asset Management Group successfully relocated its Atlanta operations to a premier Buckhead address with enhanced visibility, modern workplace amenities, and a customized office environment designed to support future growth—all while securing significant economic incentives that reduced overall occupancy costs throughout the lease term.