‘Strength of all of the entrepreneurs that have opened’ in the development led to the ‘great sale.’

Asana Partners recently acquired SPX Alley from developer Columbia Ventures, the Atlanta Business Chronicle first reported.

The Charlotte-based real estate company paid $19 million for the 30,000-square-foot retail portion of Studioplex’s Phase II.

It sits under townhomes, being developed by Thrive, that were not included in the sale.

Dillon Baynes, co-founder and managing partner of Columbia [Ventures], confirmed the sale in an email to What Now Atlanta Tuesday.

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Source: whatnowatlanta.com

“The cafe at The James Room now serves breakfast and lunch, the cocktail bar opens Thursday for dinner and drinks.

The cafe at The James Room opens Monday, March 4 with limited hours at SPX Alley on the Eastside Beltline. The Old Fourth Ward cafe and cocktail bar, owned by Missy and Kristin Koefod of 18.21 Bitters at Ponce City Market, is currently open from 7 a.m. until 4 p.m. …”

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Source: Eater – Atlanta

“Saturday was the health-conscious eatery’s first day open in Studioplex’s second phase.

Playa Bowls over the weekend debuted its first Georgia outpost. Franchisees Johnny and Kacy McCall opened the market’s first-ever location of the quick-service eatery in Studioplex’s SPX Alley Saturday, at 661 Auburn Ave NE. …”