ATLANTA, GA – July 14, 2022 – Jamestown, a design-focused real estate investment and management firm, today announced Anduril Industries leased more than 180,000 square feet at Allied Studios, a three-building property situated along Hills Place at Collier Road in Atlanta’s Upper Westside. The defense technology company will invest $60 million into a new manufacturing and research facility at the property, creating more than 180 new jobs in Fulton County over the next three years.
The space, located at 1435 Hills Place, will be home to Area-I, a manufacturer of advanced unmanned aircraft systems. Anduril acquired Area-I in 2021 and the company operates as a wholly owned subsidiary of Anduril. When complete, the facility will include office, research and development, manufacturing, and production space across two buildings. The increased space for production will enable more hires for skilled mechanical and avionics technicians.
“With its network of top universities and diverse tech talent, Atlanta has emerged as a major a hub for the innovation economy,” said Matt Bronfman, CEO of Jamestown. “Anduril’s Atlanta expansion will bolster that status and add to the city’s dynamic ecosystem of innovative companies.”
“We’re proud to continue to be an active part of Atlanta’s growing technology & defense community. Atlanta has a highly skilled and educated workforce in aerospace, engineering, and robotics,” said Matt Grimm, Chief Operating Officer of Anduril. “By growing our presence in Georgia, we’ll be able to continue to attract world class talent who will support our mission to transform defense capabilities for the US and our allies.”
Jamestown is well known for its experience in repositioning industrial buildings into cutting-edge creative office and innovative lab facilities. In Atlanta, Jamestown is known for Ponce City Market and Buckhead Village. Other projects include The Innovation and Design Building in Boston and Industry City in Brooklyn.
Capital Real Estate Group represented Jamestown in the transaction. Hughes Marino represented Anduril.
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About Jamestown
Jamestown is a global, design-focused real estate investment and management firm with a 38-year track record and mission to create places that inspire. Since its founding in 1983, Jamestown has executed transactions in excess of $35 billion. As of March 31, 2022, Jamestown has assets under management of $13.2 billion and a portfolio spanning key markets throughout the U.S., Latin America, and Europe. Jamestown employs more than 400 people worldwide with headquarters in Atlanta and Cologne, and offices in Amsterdam, Bogotá, Boston, London, Los Angeles, Madrid, Milan, New York, San Francisco, and Washington, D.C. Current and previous projects include One Times Square and Chelsea Market in New York, Industry City in Brooklyn, Ponce City Market in Atlanta, Ghirardelli Square in San Francisco, the Innovation and Design Building in Boston, and Groot Handelsgebouw in Rotterdam. For more information, visit www.jamestownlp.com.
About Anduril Industries
Anduril Industries is a defense technology company with a mission to transform U.S. and allied military capabilities with advanced technology. By bringing the expertise, technology, and business model of the 21st century’s most innovative companies to the defense industry, Anduril is changing how military systems are designed, built and sold. Anduril’s family of systems is powered by Lattice OS, an AI-powered operating system that turns thousands of data streams into a realtime, 3D command and control center. As the world enters an era of strategic competition, Anduril is committed to bringing cutting-edge AI, computer vision, sensor fusion, and networking technology to the military in months, not years. For more information, visit www.anduril.com.
