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MailChimp Expanding at Ponce City Market Three Years Into Lease
Jamestown's Ponce City Market redevelopment in Midtown
One of Ponce City Market's debut office tenants is already expanding.
MailChimp is inking a lease on the top floor with an additional 18K SF, a deal that can accommodate an additional 100 employees, according to the Atlanta Business Chronicle.
MailChimp — which was one of the first office tenants at the $200M mixed-use redevelopment in Midtown — inked a deal for 115K SF in 2013. The email marketing firm has been in growth mode in recent years. The company generated about $400M in revenue in 2016 and has a profit margin at 50%, according to the ABC.
The Atlanta-based company, which has more than 700 employees, recently built out 9K SF at its former headquarters in the Means Street warehouse district.
