New financing to fuel Songy Partners’ growth
Songy Partners has raised about $25 million in a private placement and isn’t nearly so “limited” anymore in either name or scope. In return for the proceeds, the Atlanta-based real estate investment company has sold a minority interest in the company and has changed its name from Songy Partners Ltd. to Songy Partners LLC… The Griffin Co. has sold both floors of 50 Old Ivy, its 11,600-square-foot boutique office condominium. Located at the intersection of Old Ivy and Habersham roads near Piedmont Road, 50 Old Ivy is the final phase of a redevelopment that included the renovation of two neighboring buildings… Originally Published in the Atlanta Business Chronicle. Read More...
read moreGrinning at Griffin
The Griffin Co. has sold both floors of 50 Old Ivy, its 11,600-square-foot boutique office condominium. Located at the intersection of Old Ivy and Habersham roads near Piedmont Road, 50 Old Ivy is the final phase of a redevelopment that included the renovation of two neighboring buildings — 34 and 38 Old Ivy, each containing 6,210 square feet… Originally Published in the Atlanta Business Chronicle. Read More Here
read moreSandy Springs eyes remake of Roswell Road
Just as the city of Atlanta wants to transform its signature Peachtree Street into a Southern version of Chicago’s Magnificent Mile or New York’s Fifth Avenue, the fledgling city of Sandy Springs is trying to make Roswell Road its Peachtree… Kirk Demetrops, senior vice president of longtime Sandy Springs developer The Griffin Co., said Roswell Road would benefit greatly if Sandy Springs could get Fulton to re-establish the tax allocation district that was put in place just before its incorporation, or perhaps create a community improvement district for the corridor… Originally Published in the Atlanta Business Chronicle. Read More...
read moreBroker Roundtable
On Jan. 18, three commercial real estate brokers gathered at Atlanta Business Chronicle to discuss the idea of owning space versus leasing it. The participants were: Ken Ashley, associate director at Cushman & Wakefield Atlanta; Alan Joel, principal at Alan Joel Partners; and Kirk Demetrops, senior vice president at The Griffin Co…. Originally Published in the Atlanta Business Chronicle. Read More Here
read moreGriffin Co. to turn office complex into condos
Cosmopolitan North has become the latest project to follow the office-turned-residential trend in the Central Perimeter. Local developer The Griffin Co. plans to transform a 138,000-square-foot office complex on Barfield Road into mixed-use with 280 condominium units… Originally Published in the Atlanta Business Chronicle. Read More Here
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