NEWS
FOCUS Brands to Lease Entire MidCity Plaza For New Headquarters
ATLANTA – FOCUS Brands Inc. has leased MidCity Plaza, a Class A, 63,000-square-foot office building located at I-285 and GA 400 in Atlanta. MidCity Real Estate Partners purchased the property, located at 5620 Glenridge Drive, in mid-2013. The property was completely converted to Class A standards over the course of a nearly two-year process. FOCUS Brands is the parent company of Cinnabon, Auntie Anne’s, Moe’s Southwest Grill, McAlister’s Deli, Schlostzsky’s Bakery and Cafe and...
read moreDemetrops snags FOCUS HQ
This represents a huge win for MidCity Real Estate Partners’ Kirk Demetrops. Kirk’s firm purchased the building for a little more than $3M from a lender in 2013 and put the facility through a $7M renovation (which we profiled here). The building is situated on a mixed-use parcel that includes the Windsor at Glenridge, a 168-unit apartment complex by Wood Partners, as well as a string of restaurants, such as Blue Moon Pizza, Taziki’s...
read moreFOCUS Brands Moving HQ to Perimeter
The building is the former home of Crawford & CO. (NYSE: CRDa). MidCity Real Estate Partners bought the property at 5620 Glenridge Dr. in mid-2013, and converted it to Class A space over two years. The building also is part of a mixed-use development that includes the Windsor at Glenridge, 168 luxury apartments developed by Wood Partners and restaurants Blue Moon Pizza, Taziki’s, Firehouse Subs, Qdoba and Sushi Nami. This Article Originally Appeared in...
read moreFOCUS Brands to lease entire MidCity Plaza for New Headquarters
Class A Building at I-285 and GA 400 completely restored by MidCity Real Estate Partners; long-term lease just secured for FOCUS Brands new Corporate Headquarters Atlanta – March 16, 2015 – FOCUS Brands, Inc. today announced their multi-year lease of the entire MidCity Plaza building, an extensively renovated, Class A property located at I-285 and GA 400. Formerly occupied by Crawford & Company, FOCUS Brands will relocate their corporate headquarters to the new location...
read more$80M ‘City Center’ could transform Alpharetta
The development team, led by Atlanta-based MidCity Real Estate Partners and Morris & Fellows, is finalizing arrangements with capital partners. The project could include 220 housing units, 75,000 square feet of retail and restaurant space, and 33,000 square feet of office. It’s an extension of the $30 million first phase of the Alpharetta City Center project that is anchored by city hall. This Article Originally Ran In The Atlanta Business Chronicle For More, Please...
read moreIs a new city vision taking shape on Roswell Road?
Across the street, in the 6000 block of Roswell Road, developer Kirk Demetrops with MidCity Partners is requesting a zoning change for the property, where a seven-story office building and Bank of America stand. According to Demetrops, Bank of America has been issued a building permit to construct a new branch where KFC and Checkers were located, adjacent to the proposed development. If rezoning is approved by Sandy Springs City Council, the MidCity Partners...
read moreHighwoods adds One Alliance for $140 Million
Highwoods Properties Inc. continues expanding its portfolio of intown trophy office towers. Highwoods (NYSE: HIW) has acquired One Alliance Center, a 20-story building in Buckhead, an affluent section north of downtown Atlanta that’s filled with the city’s densest concentration of luxury shopping, and several of its largest investment banking firms and commercial real estate companies. The Raleigh, N.C.-based real estate investment trust paid about $140 million for the 22-story tower. Its total investment is...
read moreMidCity buys former Crawford HQ
MidCity Real Estate Partners is expanding its presence in the metro region’s largest and most active office submarket. MidCity has acquired the former Crawford & Co. building at the Perimeter and Georgia 400 for $3.1 million, or $36 a square foot. The building has been vacant since Crawford & Co. relocated in 2007. MidCity plans to completely restore the 85,000-square-foot former headquarters. Additional investment could exceed $7 million… Originally Published in the Atlanta Business...
read moreYear in review: What 2012 was about, for Sandy Springs
In 2012, Sandy Springs began a time of rapid change. The city settled lawsuits that had dragged on for years, pursued economic development and completed a design of plans for what leaders hope will be a vibrant downtown… Major business news included Branch Properties’ decision to buy the struggling City Walk development, and Regent Partners has purchased the Concourse Corporate Center in Sandy Springs, which includes the iconic King and Queen buildings. The Sandy...
read moreSandy Springs project signals new cycle of medical offices
A local developer has announced a major project some hope could signal the start of a new cycle of medical office development in the central Perimeter market. Kirk Demetrops, president of MidCity Real Estate Partners, says the $36 million development will consist of seven buildings located in the northwest corner of Ga. 400 and North Hammond Drive. The complex also offers frontage on Barfield Road and Ga. 400… Originally Published in the Sandy Springs...
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