Last updated: Friday, February 29, 2008

ATLANTA-Bangalore, India-based Wipro Technologies has signed a lease for 29,647 sf at Piedmont Center 14 at 3535 Piedmont Rd. The company will occupy the entire 14th floor and part of the 15th floor.

The company, which is the global IT services arm of Wipro Ltd., has its US headquarters in New Jersey. Wipro was seeking a strategic location for its new development center and considered markets across the country. “Among other variables, factors such as the sourcing of IT talent from local universities, the ease of travel and the reasonable cost of living weighed heavily in Atlanta’s favor,” says Wipro CFO of Americas and Europe Sridhar Ramasubbo.

CB Richard Ellis Atlanta Office Landlord Representation Group first VP Alex Cobble represented Piedmont Center 14 owner and manager, America’s Capital Partners, in the transaction. LRE Solutions president Rich Garchar represented Wipro.

Piedmont Center 14 is a 300,605-sf, 16-story building that is located above the two-million-sf Piedmont Center complex located in the Buckhead submarket of Atlanta. Among Wipro’s reasons for selecting the location is the building’s 150-seat conference center with theater seating, which will soon undergo renovations. The building also has a new café and fitness facility, and covered and surface parking, which is rare in Buckhead. With the Wipro lease, the building is 86% occupied.

“We looked extensively at all major submarkets in metropolitan Atlanta and Buckhead emerged in the top three,” Garchar says. “Buckhead’s central location will give Wipro the ability to draw from a huge employee base.”

FOR IMMEDIATE RELEASE

Dallas, Texas, January 14, 2005 – LRE Solutions, a privately held commercial real estate services company, today announced a strategic partnership with Sequoia International Group, a privately held international organization offering technical and business management solutions, to provide end-to-end solutions to clients worldwide as well as import & exports advisory services

LRE Solutions is a full service commercial real estate services company. LRE specializes in representing the corporate tenant/user that leases facilities anywhere across the globe. LRE’s clients include companies with small single facility operations to multi billion dollar international corporations with worldwide facilities.

Sequoia International Group has customers throughout Latin America with the international headquarters located in Sao Paulo, Brazil with over 150 employees. Additionally, SIG has an office in Dallas, Texas, Ft Lauderdale, FL, and Rio de Janeiro, Brazil. As part of SIG delivered services is infrastructure build out from the traditional voice and data networks, state-of-the-art wireless network, and IP-based physical security solutions.

“This is a significant step for us in our continued expansion. The partnership gives us access to a very experienced international network infrastructure company,” said Richard Garchar, CEO, LRE Solutions. Garchar continued, “Specifically, the services SIG offers will greatly benefit our clientele, especially our international clients. When expanding or moving, we will offer an experienced networking infrastructure solution. Through this alliance our clients will benefit from very competitive costs from a data and voice network perspective.” When asked if LRE’s clients can expect to gain more from additional alliances in the future, Garchar replied, “Absolutely.”

“This strategic partnership offers complete solutions to customers who are in the process of relocating. LRE-SIG’s clients will have a single point of contact the entire process from the lease negotiation to the infrastructure build out. It is truly “turn-key” solution, said Carlos Amaral, President and CEO, SIG. Amaral continued, ‘this partnership is crucial to our clients wanting commercial real estate support in areas/countries with little or no presence.”

About Logical Real Estate (LRE) Solutions, Inc. (www.lresolutions.com)

About Sequoia International Group, Inc. (www.sequoia-intl.com) is an international privately held concern offering application development (near-shore facilities), technical and business management solutions, and import & export advisory services. US headquarters is located in Plano, Texas and international headquarters in located in Sao Paulo, Brazil. The company employs over 150 employees and has established worldwide partnerships/channels. SIG’s mission is to offer the best solution to clients worldwide.