NEWS

Atlanta Suburb Wraps Up Construction on New Town Center Commercial District

Jul 29, 2024 in Kirk Demetrops, MidCity Real Estate Partners

Atlanta Suburb Wraps Up Construction on New Town Center Commercial District

The Atlanta suburb of Snellville, Georgia, has completed construction of a new town center, the latest city in the area trying to forge an identity through a commercial development project.   The Grove at Towne Center, a $140 million project in the works for about a decade, includes residential, retail, office, dining and healthcare. The development is arranged in a town square format with sidewalks and a central landscaped area.   Snellville follows other Atlanta...

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Florida’s Crooked Can to operate brewery, food hall in Snellville

Jul 25, 2024 in Atlanta Business Chronicle, MidCity Real Estate Partners

Florida’s Crooked Can to operate brewery, food hall in Snellville

A new brewery and food hall is set for Snellville’s $140 million town center project.   Winter Park, Florida-based Crooked Can Brewing Co. has signed a long-term lease at The Grove at Towne Center. The 18-acre development sits off U.S. Route 78, about 25 miles northeast of Downtown Atlanta.   Crooked Can will take roughly 12,000 square feet at the project, operating both a brewery and a food hall with about 10 vendors.  ...

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Landlord Giveaways Help Fuel Burst Of Atlanta Office Leasing

Jul 25, 2024 in BisNow, Kirk Demetrops, MidCity Real Estate Partners

Landlord Giveaways Help Fuel Burst Of Atlanta Office Leasing

Companies leased 2.6M SF during the second quarter, a milestone not seen since Q1 2019, according to a Savills report. Leasing activity jumped 63% year-over-year and ticked up from 2.4M SF of leases signed in the first quarter.   Office tenants have been spurred to agree to deals as they gain more clarity on their updated office footprint needs in a hybrid work world.   “It’s a sign that business is happening and companies are making real...

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MidCity Signs Two New Leases, 5616 Peachtree Loft Office in Downtown Chamblee, GA now 95% Leased

Feb 1, 2024 in Kirk Demetrops, MidCity Real Estate Partners

MidCity Signs Two New Leases, 5616 Peachtree Loft Office in Downtown Chamblee, GA now 95% Leased

ATLANTA, GA (February 1, 2024) – MidCity welcomes Architects Orange and ADAPT. Architects Orange, headquartered in California, is a multi-office full-service architect firm specializing in over 15 disciplines. ADAPT is an Atlanta based sports physical therapy clinic providing services in Fitness, Athletics, Therapy and Advanced therapeutic training programs.   About MidCity Real Estate Partners  MidCity Real Estate Partners invests/develops/redevelops Commercial, Residential and Mixed-Use Properties. Projects range from Award Winning Public-Private Town Centers to Vacant...

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Northside Medical Snellville opens at The Grove at Towne Center

Sep 29, 2023 in Development, Gwinnett Daily Post, Kirk Demetrops, MidCity Real Estate Partners, Snellville

Snellville Mayor Barbar Bender said the city’s The Grove at Towne Center is “catapulting us” into the future. And the addition of a new Northside Hospital medical building is a big part of that.   On Wednesday, Northside Hospital, Physicians Realty Trust and Realty Trust Group celebrated the opening of Northside Medical Snellville with a ribbon-cutting ceremony. The 45,000-square-foot medical office building and adjacent 7,500-square-foot medical retail building are part of Phase II of...

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Honore Vista Zoning Approval Granted

Sep 12, 2023 in Kirk Demetrops, MidCity Real Estate Partners

ATLANTA, GA (September 12, 2023) – The Board of County Commissioners of Sarasota County, Florida have approved the mixed-use zoning of 32 acres on Honore Avenue, adjacent to Laurel Road and I-75 in Nokomis, FL. Located less than ½ mile from the new Sarasota Memorial Hospital, approved uses include multi-family, medical office, storage, hotel and assisted living. Construction is projected to begin in 2024.   About MidCity Real Estate Partners  MidCity Real Estate Partners...

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Snellville food hall underway at new town center

Aug 3, 2023 in Atlanta Business Chronicle, Kirk Demetrops, MidCity Real Estate Partners, Snellville

Snellville food hall underway at new town center

Construction is starting on the brick centerpiece of The Grove at Towne Center, a major redevelopment project aimed at creating a downtown environment in Snellville. A two-story food and entertainment hall known as The Market is now underway. The 24,000-square-foot building will be one of the final pieces of the town center, which will comprise of a library, shops, restaurants, apartments, public space and other uses. In 2019, Snellville tapped CASTO and MidCity Real...

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MidCity Real Estate Partners Celebrates 14-Year Anniversary

Jul 3, 2023 in Kirk Demetrops, MidCity Real Estate Partners

ATLANTA, GA (July 3, 2023) – MidCity Real Estate Partners celebrated its 14-year anniversary on July 1, 2023. “We started July 1, 2009, at the depth of the Great Recession, hard to believe 14 years has gone by. I want to thank my team and partners for our continued success to deliver high quality projects” said MidCity’s President and Founder Kirk Demetrops.   About MidCity Real Estate Partners  MidCity Real Estate Partners invests/develops/redevelops Commercial,...

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Some Atlanta Suburbs Craving Walkability Are Coming Around On Apartments

Jun 14, 2023 in Alpharetta, BisNow, Development, MidCity Real Estate Partners, Sandy Springs, Snellville

Some Atlanta Suburbs Craving Walkability Are Coming Around On Apartments

Density is still a dirty word in many suburban cities and towns throughout Georgia. But some cities in Atlanta’s belt of northern suburbs are starting to embrace larger developments with apartments and a mix of commercial units, at times defying NIMBYism, developers said during Bisnow’s Atlanta State of the Market event last week. “Suburban and municipal governments in every northern arc city and county in Metro Atlanta has been afraid of density, afraid of...

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Atlanta Office Leasing Picks Up Speed, But Sublease Availability Is Growing Faster

Apr 25, 2023 in BisNow, Kirk Demetrops, MidCity Real Estate Partners

Atlanta Office Leasing Picks Up Speed, But Sublease Availability Is Growing Faster

Companies offering their space for lease to other businesses are an increasingly large factor in the Atlanta office market. There was 7.7M SF of office space on the sublease market in Atlanta at the end of the first quarter, 34% more than a year ago and a new all-time high for the region, according to Avison Young’s quarterly report. Roughly 2.1M SF of that availability is currently vacant, while the majority of the sublease...

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