ATLANTA--(BUSINESS WIRE)--CP Group, the second-largest office landlord in Georgia, today announced that they have hired Ryan Howard as Regional Director of Construction.
In his new role, Howard will oversee CP Group’s fast-growing portfolio of construction projects in the Atlanta market, including more than $100 million in planned renovations and other upgrades.
The hire comes after a year of unprecedented activity for CP Group, during which it executed multiple high-profile acquisitions in Atlanta, including Bank of America Plaza - the city’s tallest skyscraper and office tower - and the iconic CNN Center.
“As we prepare to launch several extensive repositioning and capital improvement efforts across our regional portfolio, we saw an opportunity to bring in a leading construction expert with the skill set and market knowledge to set our properties apart,” said Chris Eachus, Partner at CP Group. “Ryan was the perfect choice to lead these critical initiatives, and we are excited to have him on the team as we embark on a new chapter of investment in our Atlanta portfolio.”
Howard’s hire comes during significant growth for CP Group’s Atlanta portfolio, which has grown from 3 million square feet to 7 million over the last three years. In addition to Bank of America Plaza and CNN Center, the firm recently acquired the two-building Buckhead Centre in the heart of the city’s Buckhead neighborhood.
"I am excited to join CP Group at a time when its portfolio and investment in Atlanta are bigger than ever,” Howard said. "The city has been experiencing major growth in recent years, and that trajectory will continue as the office sector continues its recovery. I look forward to playing a pivotal role in adapting CPG’s portfolio for a new era of success in this market.”
Howard joins CP Group with nearly two decades of experience in commercial capital projects and facilities management. Prior to joining CP Group, he spent the last ten years at HD Supply, Inc, Home Depot’s wholesale B2B subsidiary, where he rose to the position of Senior Director of Real Estate and Facilities, spearheading corporate real estate strategy for the Fortune 500 Company. Earlier in his career, he held multiple high-level development and design roles at companies, including architectural firms and general contractors in Connecticut and Georgia.
CP Group plans to launch strategic repositioning and capital improvement plans at all three properties over the next few years, in addition to repositioning and capital improvement projects at their other Atlanta office properties, including 5600 Glenridge, Lakeside Office Park, Paces West, One Overton Park, and One and Two Ravinia. The firm also plans to add more than 150,000 square feet of custom flex office space across its holdings in the city as part of its recently introduced ‘worCPlaces' offering.
CP Group Continues its Upward Trajectory
In addition to its Atlanta acquisitions, CP Group has also been active in acquiring other office properties across the Southeast and Southwest - including more than five million feet of assets in 2021. The company significantly increased its presence nationally last year by entering the Denver market with its acquisition of Granite Tower in September 2021 and re-entering both the Houston and Charlotte markets with the acquisition of 5 Post Oak Park and Harris Corners, respectively.
ABOUT CP GROUP
Active in the commercial real estate business for over 35 years, CP Group has established a reputation as a premier owner, operator, and developer of office and mixed-use projects throughout the Southeast and Southwest United States. Since 1986, CP Group has acquired and managed over 165 properties, totaling over 55 million square feet and representing over $7 billion invested. They are currently Florida’s largest and Atlanta’s second-largest office landlord and rank 25th largest in the United States. Headquartered in Boca Raton, Florida, the firm has a corporate office in Atlanta and regional offices in Denver, Miami, Jacksonville, Dallas, and Washington DC. To learn more about the company, visit CPGcre.com.
