ATLANTA (Jan. 13, 2015) - What a week it's been for Atlanta's commercial real estate market.
First, Mercedes-Benz USA confirmed plans to move its headquarters from Montvale, N.J., to suburban Sandy Springs, Georgia (with assistance from JLL Atlanta, a client of The Wilbert Group). And today. NCR Corp. confirmed specualtion that it would move its headquarters from Gwinnett County to Midtown Atlanta.
In June 2009, Urvaksh Karkaria of Atlanta Business Chronicle broke the news that NCR would relocate its headquarters from Dayton, Ohio, to metro Atlanta. And last year, Scott Trubey and Greg Bluestein bird-dogged a tip that NCR would open a major campus in Midtown, close to Georgia Tech.
The AJC backed its story with great confidential information about the discussions in Gov. Nathan Deal's office that ultimately led to today's big announcement.
Here's the official word from NCR:
NCR to Establish New World Headquarters Campus in Midtown Atlanta
- January 13, 2015
- 5:31 pm
Consumer transaction technologies leader continues reinvention with a unique campus that will inspire employees, excite customers and attract amazing talent
ATLANTA, January 13, 2015 – NCR Corporation (NYSE: NCR), the global leader in consumer transaction technologies, announced today that it has entered into an agreement to build a new world headquarters campus in midtown Atlanta. NCR also plans to maintain a significant presence at a second campus in the northern suburbs. These locations will enable the company to continue to attract talent from the entire metro Atlanta area to support its hardware-enabled, software-driven business.
The new campus will be located at Centergy North at Technology Square on Spring Street, and will provide NCR with a state-of-the-art presence close to Atlanta’s rich innovation centers and leading academic institutions. In addition to helping the company consolidate a number of disparate facilities into unified and contemporary work environments, improved access to Hartsfield-Jackson Atlanta International Airport will make it easier for financial services, retail and hospitality customers from all over the world to visit Atlanta and experience NCR’s innovative technology solutions first hand.
“Creating a state-of-the-art campus in midtown Atlanta near Georgia Tech marks an important step in NCR’s reinvention as an exciting and important, global technology company,” said NCR Chairman and CEO Bill Nuti. “You can count on your hand the number of successful technology company reinventions that have been executed over the last hundred years – and NCR is amongst them. NCR runs global commerce and we make the everyday easier as consumers connect, interact and transact with business. We are extremely proud of the important innovations we create and the valuable work done on behalf of our customers around the world right here in metro Atlanta.”
“Georgia has proven to be the top choice for leading companies to locate their headquarters,” said Governor Deal. “NCR chose Georgia a few years ago, and we are thrilled that this global leader will now expand its presence in our state. Our No. 1 business climate, which includes a skilled workforce, a solid network of companies, access to innovative R&D and a critical mass of fiber accessibility and total bandwidth, creates the ideal environment for Fortune 500 companies such as NCR to grow and remain competitive.”
“Technology is a critical sector for our local economy and we are honored to have NCR locate its global headquarters in Atlanta,” said Mayor Kasim Reed. “Every day, businesses are voting with their feet and choosing the City of Atlanta as the place to bring their dreams and build their businesses. The best companies in the world are building their brands here, strengthening our economy and confirming Atlanta’s place as a leading city for business.”
The new campus in midtown Atlanta will be ready late in 2017 or early in 2018. While a location for the campus in the northern suburbs is yet being finalized, it is expected to open during a similar time frame.
About NCR Corporation
NCR Corporation (NYSE: NCR) is the global leader in consumer transaction technologies, turning everyday interactions with businesses into exceptional experiences. With its software, hardware, and portfolio of services, NCR enables nearly 550 million transactions daily across retail, financial, travel, hospitality, telecom and technology, and small business. NCR solutions run the everyday transactions that make your life easier.
NCR is headquartered in Duluth, Georgia with approximately 29,000 employees and does business in 180 countries. NCR is a trademark of NCR Corporation in the United States and other countries.