One of the nation’s largest recycled paper and packaging companies plans to relocate its headquarters from Conyers, Georgia, to a close-in Atlanta suburb just northeast of the city.

Pratt Industries, the fifth-largest corrugated packaging company, leased 25,000 square feet in the 4004 Summit Blvd. office tower near Interstate 285 and Ashford-Dunwoody Road in Brookhaven, Georgia. The building is part of the 83-acre Perimeter Summit mixed-use development that is known for its ample green space and home to office towers, Villa Sonoma condominiums, a Hyatt Regency hotel and the Villa Christina restaurant and event space.

CBRE, which markets and leases the space on behalf of owner State Street Global Advisors, said Pratt has committed to a long-term lease on the 10th floor of the 16-story, 355,250-square-foot tower. Developed by Seven Oaks Co., 4004 Summit was completed in 2018.

Pratt plans to move its corporate offices to 4004 Summit in Atlanta’s central Perimeter market from Conyers and a location in Atlanta’s Buckhead district late this year. The new headquarters location is about 35 miles northwest of Pratt’s Conyers campus.

“Central Perimeter was a good central location for their employee base,” Bryan Heller, a CBRE broker who represents State Street, said in an interview.

With revenue of $3.5 billion in its fiscal year 2020, Pratt ranked No. 134 on Forbes’ list of America’s Largest Private Companies last year. Pratt, which says it is the world’s largest private producer of 100% recycled containerboard, has facilities in 27 states and more than 10,000 employees.

Pratt did not immediately respond to a request for comment.

CBRE’s Heller said Pratt will move into first-generation space that offers the company the opportunity to design its offices to reflect its culture. “They’re getting a space where they can put their stamp on it,” he said.

The Pratt transaction should build on the momentum of other leases completed at 4004 Summit, Heller said. Late last year, Burns & McDonnell, a Kansas City, Missouri-based engineering, architecture and construction firm, leased more than 45,000 square feet at the building.

In July 2020, State Street and developer Seven Oaks landed the Atlanta headquarters of furniture company Rooms to Go, which leased 60,000 square feet at 4004 Summit. Perimeter Summit’s green space has helped attract companies as they prepare to bring back their employees who have been working from home during the coronavirus pandemic, Heller said.

The Pratt lease brings 4004 Summit to more than 60% leased, Heller said. “It’s huge anytime you can pick something like that up,” he said of securing leases for corporate and regional headquarters.

The largest contiguous space available at the tower is 78,000 square feet on the top floors of 4004 Summit.