DataScan To Open At Alpharetta City Center

ALPHARETTA, GA — DataScan has officially announced that it will move its headquarters to the burgeoning Alpharetta City Center, a 26-acre mixed-use town center currently being developed along Main Street in the central business district.   DataScan will occupy all of the office space — about 36,000 square feet — in a four-story, 46,000-square-foot building.   This building will also include 7,500 square feet of ground-level space dedicated to retail uses. The historical architecture of the building will be unique to the other proposed new buildings to seamlessly complement the existing downtown. Construction is already underway, and the building is schedule to be completed in early 2018.   Click here to read the original article on the Alpharetta...

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Alpharetta Software Company Anchoring City Center Project

A software company is anchoring the office component of Alpharetta’s up-and-coming City Center project.   DataScan is moving its headquarters to a $13M, 46K SF building on the 26-acre mixed-use project being developed by MidCity Real Estate Partners. DataScan will occupy all of the office space. More than 7K SF in the four-story building will be street-level retail.   Click here to view the original article in the...

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Alpharetta City Center breaks ground, reveals more tenants

The roughly $85 million next phase of Alpharetta City Center broke ground on Thursday, a project Mayor David Belle Isle called one of the biggest moments in the city’s history.   An Atlanta development team of Morris & Fellows, MidCity Real Estate Partners and South City Partners recently completed the purchase of just over 4 acres, as Atlanta Business Chronicle reported earlier this month.   The project will include 105,000 square feet of restaurants and retail (Morris & Fellows); three acres of greenspace and gardens; 36,000 square feet of office (MidCity Real Estate Partners); and 168 apartments (South City Partners).   Click here to view the original article in the Atlanta Business...

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Latest phase of Alpharetta’s City Center moving forward

Alpharetta’s City Center project is moving into its next phase with new apartments, street-level retail and restaurants, including the Old Fourth Ward landmark Highland Bakery.   An Atlanta development team of Morris & Fellows, MidCity Real Estate Partners and South City Partners recently completed the purchase of just over 4 acres. A price was not disclosed.   Click here to view the original article in the Atlanta Business...

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Childress Klein, MidCity Plan Atlanta Office Park

Atlanta—Childress Klein and MidCity Real Estate Partners recently snapped up the NorthPlace project development site in Atlanta’s Central Perimeter submarket, paving the way for an office park featuring as much as 370,000 square feet. It’s a case of déjà vu for MidCity, which, in 2015, joined forces with Crocker Partners on the same project. No one’s talking dollar signs pertaining to the transaction with the seller, who was, according to Fulton County records, CP NorthPlace LLC, an entity controlled by Crocker Partners. While previous plans for NorthPlace called for three buildings, Childress Klein and MidCity envision two office towers on the 3.7-acre site; one offering 250,000 square feet and the other featuring 120,000 square feet. MidCity will manage construction operations for the project, which should find a warm reception. Demand in Central Perimeter appears to be none too shabby, particularly if dollar signs tell the story. Class A asking rents in the submarket reached almost $28.5 per square-foot in the fourth quarter of 2016, beating out metro Atlanta’s record high Class A average of $27.5 per square-foot by nearly an entire dollar. As Kirk Demetrops, president of MidCity Real Estate Partners, said in a prepared statement, “Central Perimeter continues to be one of Atlanta’s most desirable markets for office users.” MidCity will spearhead leasing at the Warner Summers-designed NorthPlace, targeting corporate and medical office users. This article originally appeared in CP Executive. Click here for the original article.  ...

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