‘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