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...

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Grinning 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

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Wayne Mason shuttering Gwinnett Partners

Wayne Mason and Marty Kennedy are splitting up and going their separate ways. By all accounts, it’s an amicable separation but one that will shutter Gwinnett Partners LLC after eight years… Buckhead Boutique The Griffin Co. has begun development of 50 Old Ivy in Buckhead. The group is seizing the momentum from its final office condominium sale at the adjacent 34/38 Old Ivy development next to Hal’s restaurant… Originally Published in the Atlanta Business Chronicle. Read More...

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Buckhead Boutique

The Griffin Co. has begun development of 50 Old Ivy in Buckhead. The group is seizing the momentum from its final office condominium sale at the adjacent 34/38 Old Ivy development next to Hal’s restaurant Located at the intersection of Habersham and Old Ivy roads, 50 Old Ivy is an 11,600-square-foot, two-story office condominium. Griffin expects to complete the project in February. Griffin has secured a buyer for 50 Old Ivy’s first floor, and expects to secure a buyer for the second floor prior to completion, said Griffin Co. Senior Vice President Kirk Demetrops.. Originally Published in the Atlanta Business Chronicle. Read More...

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Flippin’ Burgers

The Griffin Co. has scrapped plans for a SoBo (South Buckhead) office condominium building. The developer instead has put the 1.6-acre site at 1820 Peachtree up for sale for an undisclosed sum. “Our concept for 1820 Peachtree right now is on hold,” said Kirk Demetrops, senior vice president of Griffin. The site — between the Macquarium Building and the former Mayflower apartments — is currently home to a Wendy’s restaurant. Griffin, which purchased the parcel in 2003 for $2.75 million, had plans to develop an 11-story, 145,000-square-foot office/condo project.   Originally Published in the Atlanta Business Chronicle. Read More...

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