Acquisition of The District at Midtown

Deal value: $410M

Acquisition of a master-planned mixed-use community in Atlanta, GA, comprising 350 residential units, 50,000 SF of retail, 20,000 SF of office, and a 10,000 SF entertainment district. The property is located at 1000 West Peachtree Street and is part of Atlanta's Midtown district.

The core investment motivation is to secure one of the last large undeveloped parcels in Midtown Atlanta for the creation of a permanent, signature public space. The strategic purpose is to address the acute shortage of open space in a district experiencing rapid commercial and residential growth, positioning the asset as a generational amenity that enhances Midtown’s appeal and supports long-term urban vitality. The timing reflects a 'now or never' belief, driven by escalating development pressures and the opportunity to shape Midtown’s future identity as a cultural and civic hub.