Focus Brands headquarters in Sandy Springs sells for $18 million

The corporate headquarters for Atlanta restaurant franchisor Focus Brands Inc. has sold for $18.3 million. Crossgate Partners bought the 63,049-square-foot building in Sandy Springs.   The seller was MidCity Real Estate Partners, the Atlanta real estate company that five years ago took a chance and purchased the former Crawford & Co. headquarters building when it was completely vacant. Two years later, MidCity struck a big lease with Focus Brands, the franchisor and operator of more than 5,000 stores in 60 countries.   Gary Lee, with Marcus & Millichap, brokered the sale of the building, which is part of the Glenridge Springs mixed-use development at Glenridge Drive and Interstate 285.   To see the original article in the Atlanta Business Chronicle: Click here...

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120-room boutique hotel planned for Alpharetta

The hotel would sit in walking distance to the $85 million next phase of Alpharetta’s City Center project that’s bringing 105,000 square feet of restaurants and retail; three acres of green space and gardens; 36,000 square feet of office; and 168 apartments.   It’s from the Atlanta development team of Morris & Fellows (retail and restaurants), MidCity Real Estate Partners (office) and South City Partners (apartments). So far the City Center has landed restaurants including a new location of Highland Bakery.   Click here to read the original article in the Atlanta Business Chronicle....

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New eateries highlight Alpharetta City Center’s next phase

More restaurants have signed on for the roughly $85 million next phase of Alpharetta’s City Center project.   Japanese restaurant Jinya Ramen Bar, breakfast and lunch spot Never Enough Thyme and new concept Shade Street Food and Bar will join the 26-acre project that already includes a city hall, a library, a park and town green.   The next phase is bringing 105,000 square feet of restaurants and retail; three acres of green space and gardens; 36,000 square feet of office; and 168 apartments.   It’s from the Atlanta development team of Morris & Fellows (retail and restaurants), MidCity Real Estate Partners (office) and South City Partners (apartments).   Click here to read the original article in the Atlanta Business...

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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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Crane Watch Update: Colony Square, North Place, 1105 West Peachtree

A new year kicks off with several big projects entering the planning and development pipeline — from the far northern Atlanta suburbs to Midtown.   Atlanta Business Chronicle is keeping track of the latest with its interactive feature Crane Watch, a map of all the new projects on your skyline and in your neighborhoods. See the updated Crane Watch map here.   In Sandy Springs, Childress Klein and MidCity Real Estate Partners recently formed a joint venture on a 3.7-acre property at Barfield Road and Mount Vernon Highway. The project is called NorthPlace.   Click here to view the original article in the Atlanta Business Chronicle.   ...

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