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Old 12-20-2018, 04:45 PM
 
509 posts, read 178,377 times
Reputation: 687

Advertisements

Developers of the ultra-luxury Buckhead destination The Shops Buckhead Atlanta are quietly shopping the project for sale.

Numerous sources with knowledge of the situation said OliverMcMillan has retained capital markets broker HFF to sell the 300K SF property, a multi-block mixed-use project in the heart of Buckhead Village, which has 800K SF of commercial space. The marketing is being targeted at select developers and not to the wider market, sources said..."

FULL STORY: https://www.bisnow.com/atlanta/news/...for-sale-96214

SOURCE: Bisnow Atlanta
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Old 12-20-2018, 05:11 PM
 
Location: St Simons Island, GA
23,127 posts, read 35,114,563 times
Reputation: 15357
Good. Time for some new blood.
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Old 12-20-2018, 05:46 PM
 
13,614 posts, read 22,071,179 times
Reputation: 4623
Quote:
Originally Posted by Iconographer View Post
Good. Time for some new blood.
Yes. And get rid of "Buckhead Atlanta" and rename it "Buckhead Village".
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Old 12-20-2018, 06:03 PM
 
Location: St Simons Island, GA
23,127 posts, read 35,114,563 times
Reputation: 15357
Quote:
Originally Posted by aries4118 View Post
Yes. And get rid of "Buckhead Atlanta" and rename it "Buckhead Village".
Please.
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Old 12-20-2018, 07:53 PM
 
29,428 posts, read 26,385,562 times
Reputation: 10312
I wish they would not name it anything. Just let the buildings be identified by their street address.
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Old 12-20-2018, 07:57 PM
 
Location: St Simons Island, GA
23,127 posts, read 35,114,563 times
Reputation: 15357
Quote:
Originally Posted by arjay57 View Post
I wish they would not name it anything. Just let the buildings be identified by their street address.
I hereby dub it the Platinum Ghetto.
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Old 03-18-2019, 09:50 AM
 
906 posts, read 445,429 times
Reputation: 1120
I've only been to Buckhead Atlanta once and that was to shake shack. It has a nice atmosphere but it is too luxurious with phipps and lenox just down the road. Being open air probably doesn't help its case either.

Quote:
German-backed private equity firm Jamestown has reportedly closed on its purchase of The Shops Buckhead Atlanta according to multiple sources familiar with the transaction, but who spoke to ToNeTo Atlanta on the condition of anonymity given the transaction has not yet been made public. The purchase, which reportedly closed last week, gives the beleaguered center its third overall owner. Sources familiar with the transaction indicated the purchase price was between $175 million and $200 million.
Tomorrow's News Today - Atlanta: [BREAKING NEWS] Jamestown Has Reportedly Purchased The Shops Buckhead Atlanta
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Old 03-19-2019, 12:27 AM
 
Location: Vinings/Cumberland in the evil county of Cobb
1,279 posts, read 1,186,635 times
Reputation: 1433
They need to get some new retail blood there that will generate return customers

- a Barneys
- a Century 21
- a Uniqlo

an Apple Store would have been cool, but Lenox is too close.
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Old 03-19-2019, 03:43 AM
 
Location: Ono Island, Orange Beach, AL
10,026 posts, read 9,360,467 times
Reputation: 5653
Need a Target in there. Something that caters to folks with realistic budgets.
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Old 03-19-2019, 04:54 AM
 
Location: Lake Spivey, Georgia
1,966 posts, read 1,463,051 times
Reputation: 2172
Not sure that "Barney's" would inspire repeat business. either. Really wealthy people don't ONLY wear couture; they usually wear basic clothing like anyone else. Their "basics" may be higher quality and a little more expensive, but paying thousands of dollars for EVERY outfit is something that NO ONE does. The ones that seem to are just flashy and not really "rich", just deeply in debt.
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