Edison Inks Big Downtown Office Lease

EdisonLearning, an education management company with ties to the former Edison Project, has signed on for nearly 17,000 square feet of leased space in Riverview Tower.

Arlene Dove, senior vice president for site services at Edison, said the company has grown from around 23 local employees last summer to around 50 currently, an expansion in which some of the company's functions were moved from New York to Knoxville.

The company currently leases 10,600 square feet of space in the next-door tower, First Tennessee Plaza, but is hoping to move by mid-March. Dove said the configuration of the Riverview space allows for a more dense arrangement than their current location.

EdisonLearning's web site traces the company's roots to the Edison Project, which was launched in the early '90's by Whittle Communications. EdisonLearning was unveiled in 2008.

Dove said that when part of the company's finance department was moved to Knoxville, it brought on former Goody's CFO David Peek and several Goody's employees.

Edison was represented by Russ Westlake, of Jones Lang LaSalle in Memphis. Jay Cobble, of Blue Ridge Realty, was also involved in the deal.

Posted by Josh Flory on February 9, 2010 at 9:45 AM