Category: Atlanta CRE News

A 76-year-old building in bad shape is poised to become a mixed-use project near MARTA’s Five Points station. Atlanta officials are wrapping up the process of assembling the land for it.

With the potential of losing its primary tenant at the building, the real estate investment trust might try to convert it into residential units.

Asana Partners is keeping its longterm vision for the property under wraps.

BlueLinx Holdings Inc. felt the impact of higher interest rates and lower construction activity during the first three months of 2023.

A plan has resurfaced for transforming a 12-acre site along Peachtree and Wieuca roads into a mixed-use development with residential units, office, retail and new facilities for the church.

Developer Harbor Bay is now under contract to acquire the land from Loudermilk and plans to build mass timber apartments.

The transaction is one of the largest to close in the last several quarters.

Adobe intends to use the space for its remote workers based out of Atlanta to come together and meet as needed. It’s not just space for administrative offices — Adobe has high-visibility in a development with heavy foot traffic.

The updated plan for the mixed-use project calls for adding a 130-unit condo building, 285 townhomes and other uses. It’s unclear when some portions of the project could break ground.

Deloitte, a long-time tenant of 191 Peachtree, is vacating 260,000 square feet next year.