The Goddard School to open premier childcare facility in sandy Springs at 1150 Hammond Drive

Press Release, July 27, 2009

ATLANTA – CresaPartners, the largest pure tenant representation firm in North America, represented The Goddard School in the lease of space for a new childcare facility opening in Sandy Springs later this year. Brian Greene, Associate, and Kathy Burke, Vice President, of CresaPartners assisted The Goddard School in the negotiation of 9,625 square feet on the ground floor of the Perimeter Town Center building located at 1150 E Hammond Drive, Sandy Springs, Georgia, 30328.

In January 2009, The Goddard School was named the number one childcare franchise in the United States, by Entrepreneur magazine, for the eighth consecutive year, and one of the Top 200 Franchise Systems in worldwide sales, by Franchise Times, for the second consecutive year. Headquartered in King of Prussia, Pennsylvania, The Goddard School currently licenses 320 franchised schools in 37 states. Goddard franchisees share a common entrepreneurial spirit and a commitment to providing the highest quality childcare in their communities, as evidenced by each School’s on-site owner management.

Every Goddard School is a fully licensed childcare facility staffed with teachers trained in early childhood education or child development and provides children with carefully planned education programs in a small group environment. Most Goddard Schools are located in the suburbs and the buildings are custom designed and owned by the franchisee. In the case of the Sandy Springs franchise, the density of the area did not lend itself to this approach.

“After searching independently for over a year for a suitable location, we engaged CresaPartners to assist with site selection,” said the owner of the Sandy Springs franchise. “Within a few months, CresaPartners identified the perfect spot for our school and negotiated a cost effective lease that meets the requirements of our financial model.”

“This requirement was a win-win for all parties involved,” said Brian Greene of CresaPartners. “Our client’s goal was to locate the school in a development that would distinguish it from any other childcare facility in the Atlanta area. We were also successful in obtaining first-class building signage. The location and visibility on the corner of Peachtree-Dunwoody Road and Hammond Drive will allow prime accessibility for parents looking for childcare close to where they work or live, while adding an upscale amenity to Perimeter Town Center’s mixed-use development.”

Pat Chesser, Vice President-Development of Ackerman & Co., represented the owner. In 2003, Ackerman & Co. purchased the 20 acre, 293,000 square foot office park, formerly known as Corporate Campus, to redevelop the property located at the intersection of Hammond Drive and Peachtree-Dunwoody Road. The new mixed-use development at 1150 E Hammond Drive contains both medical offices and retail space, including three restaurants.


About The Goddard School
Recently named #1 Childcare Franchise in the United States, by Entrepreneur magazine, for the eighth consecutive year (January 2009) and one of the Top 200 Franchise Systems (in worldwide sales), by Franchise Times, for the second consecutive year (October 2008); Goddard Systems, Inc. (GSI) is expanding The Goddard School® network throughout the United States. Headquartered in King of Prussia, Pennsylvania, GSI currently licenses 320+ franchised schools with more than 40,000 students in 37 states. With a successful system in place and dedicated franchisees, GSI is the acknowledged leader in franchised childcare and a premier childcare provider in the United States.


About CresaPartners
CresaPartners is an international corporate real estate advisory firm that exclusively represents tenants and specializes in the delivery of fully integrated real estate services, including: Transaction Management, Project Management, Relocation Planning and Management, Strategic Planning, Workforce and Location Planning, Subleases and Dispositions, Lease Administration, Capital Markets, Sustainability, Supply Chain and Facilities Consulting. With more than 50 offices, CresaPartners is the largest tenant representation firm in North America. Internationally, CresaPartners covers more than 125 locations in 35 countries. For more information, visit www.cresapartners.com.