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Atlanta Catches Up As A Growing Flex Office Market

After spending years below the top 20 largest flex office markets in North America, Atlanta is finally catching up. Atlanta saw the sixth largest gross expansion of flex office offerings between Q4 2020 and Q3 2021, according to research from real estate services giant CBRE. Flex space, or pre-built work […]

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Adent UK Makes £21.3 Million Double Light Industrial Buy

The Ardent Companies UK , the acquisitive subsidiary of US-based real estate investment and asset management firm The Ardent Companies, has completed the acquisition of two light industrial assets for a total of £21.3 million. The acquisitions, made as part of Ardent UK’s strategy to establish a geographically balanced logistics […]

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Ardent Companies Captures $38M for Midtown Urban Retail Center

The Ardent Companies, LLC, has sold 1010 Midtown, a 44,302-square-foot urban retail center Atlanta’s Midtown area, for $38 million. A JLL team of Brad Buchanan, Jim Hamilton and Andrew Kahn represented the seller; East Coast Acquisitions purchased the asset. The center comprises the ground level of a 425-unit luxury condominium building that […]

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Ardent UK Strengthens Team With Appointment Of New Finance Director

The Ardent Companies (“Ardent”), the US-based real estate investment and asset management firm, has bolstered its team with the appointment of Suzie Cooper as its UK Finance Director. Suzie brings a wealth of experience in Real Estate finance, joining from London-based investment firm, Henley Investment Management, where she led the […]

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Switchyards To Open Buckhead Outpost at Piedmont Center

The first Buckhead location of Switchyards is headed for the Piedmont Center. The Atlanta-based work club will occupy just over 5,000 square feet at the 14-building office campus, marking the first slate of collaborative, coworking-style spaces to open at the Piedmont Center. The announcement of the Switchyards opening is the […]

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Start Spec Office Program Part Of Reimagined Piedmont Center

The Ardent Companies has announced Start Spec, a speculative office program at Piedmont Center, the two million-square-foot, Class-A campus that spans 14 buildings in Buckhead. Interested companies will be able to choose from several flexible, creative offices paces, ranging from 2,200 to more than 7,000 square feet at the site […]

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Ardent Cos. Adding 8 Spec Suites to Piedmont Center

As part of its multiyear revitalization of Buckhead’s Piedmont Center, the Ardent Cos. is integrating eight spec suites across its 45-acre campus. The slate of spec suites — pre-built, “turnkey” spaces that allow tenants to skirt delays usually required in office buildout — is Ardent’s latest venture to integrate flexible […]

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Ardent UK Expands Logistics Portfolio With Brace Of Acquisitions

he Ardent Companies (“Ardent”), the US-based real estate investment and asset management firm, has added to its growing UK logistics portfolio with two new mid-box acquisitions in Peterlee, County Durham and Pickering, North Yorkshire. The properties were acquired in a single 285,000 sq ft transaction from Alliance Property Group for […]

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Lower Broadway building sells for $24.5M

Lower Broadway’s so-called Cotton-Eyed Joe Building has sold for $24.5 million. A release does not include the buyer of the five-story building, located at 200 Broadway, and the Post has been unable to determine. However, the new owner seemingly is eyeing a rooftop deck and other updates (read here). The seller was TAC 200 […]

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TAG Heuer Leads Raft Of New Signings At Touchwood, Solihull

he Ardent Companies (Ardent), the US-based real estate investment and asset management firm, has secured five new lettings at Touchwood Shopping Centre in Solihull, watch boutique, TAG Heuer, Xcelerate Gym, eateries including Dirty Wild Wings and Alioli, and skin care and cosmetics clinic chain, Laser Clinics, amounting to a total […]

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JLL arranges $421.8M refinancing for Atlanta's Piedmont Center

JLL announced today that its Capital Markets group arranged a $421.8 million financing for Piedmont Center, a 14-building, 2.2 million-square-foot, Class A office complex in Atlanta, Georgia. JLL worked on behalf of the borrower, The Ardent Companies, to secure the floating-rate loan.  Proceeds were used to refinance the debt of Ardent’s existing holdings within […]

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Buckhead Industrial Building Eyed For Church Project

Christ Covenant Buckhead Corporation has submitted plans to turn an almost 50,000-square-foot industrial building in the Armour Yards area into a new church, according to a special administrative permit application filed with the city of Atlanta last month. The existing property, which is at 221 Armour Dr., is under contract […]

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Hedge Fund Buys 400+ Acres in Millville Area

MILLVILLE —  An Atlanta hedge fund has purchased more than 440 acres of land in Millville By The Sea, a master-planned community once marketed as Delaware’s next great beach town. Brokered by Delaware Land Advisors, The Ardent Companies of Atlanta bought the residential community 5 miles west of Bethany Beach for an […]

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Ardent Widens Bridge-Lending Focus

Ardent Financial aims to raise at least $300 million of equity for its latest bridge-loan origination vehicle, reflecting the fund manager’s bid to expand opportunistic investments in the wake of the pandemic.

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Ardent Buys South Miami Medical Office Building for $37M

An Atlanta-based real estate investment firm paid $36.7 million for an eight-story South Miami medical office building. An affiliate of the Ardent Companies bought the building, known as Sunset Medical, at 6262 Sunset Drive, according to records. Ardent is led by Matt Shulman.

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New Photography Exhibit Opening Friday In Roswell

Roswell in Print is a new, outdoor photography exploration in three parts designed to highlight the diverse characteristics of the City of Roswell, using visual storytellers to capture it through imagery and displayed in non-traditional spaces.

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Bridge Lender Aims For Wider Reach

Ardent Financial is taking steps to expand its bridge-lending program. The unit of Atlanta-based Ardent Cos. has traditionally pursued debt and preferred-equity investments in construction projects, redevelopments and transitional properties. But now the investment manager also wants to target value added, core-plus and opportunistic plays involving more stabilized properties, said newly hired managing director Christopher Kelly.

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Investors Pour Millions Into Armour Yards District

Investors continue buying in to the overhaul of Atlanta’s Armour Yards district. The Ardent Cos. purchased three industrial buildings in the project for $14.7 million, or about $129 per foot. Ardent bought the properties from DH Pace, the parent company of Overhead Door Co.

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LPC Secures 20K-SF Office Lease In Norcross

Lincoln Property Company (LPC) secured a new office lease at Lakeside at Peachtree Corners, a three-building office park in Norcross. Cresa Partners’ Doug Wise represented the tenant, NanoLumens, in securing a 19,279-square-foot lease. LPC’s Matt Davis represented the landlord, The Ardent Cos.

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Wayfair Joins Terrapin At Ardent’s Mixed-Use Development In Athens

Wayfair Inc. is the latest company to bring new life back to the old General Time Corp. plant in Athens, Georgia. The Boston online retail giant known for household goods will occupy a new customer support center on the site of the former General Time plant, which shut down almost 20 years ago.

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Harrison Design Signs 25K-SF Office Lease At Piedmont Center

Cushman & Wakefield and Tyler Real Estate Partners arranged a 25,000-square-foot lease with Harrison Design at Piedmont Center in Buckhead. Will Porter and Laura Power of Cushman & Wakefield represented the landlord, Ardent Cos., in the transaction. David C. Tyler Realty represented Harrison Design.

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The Ardent Companies Buys Two Suburban Atlanta Business Parks For $41 Million

A 21-building portfolio of suburban Atlanta business parks has traded hands for $41 million. The Ardent Companies acquired the 880,000 square feet of warehouse/flex properties. The two separate business park included nine buildings in Marietta’s Franklin Forest Business Park and another 12 in Norcross’ Northwoods Business Office Park.

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Can Smyrna Turn The Chattahoochee Riverfront Into A Destination?

Way down yonder on the Chattahoochee, Smyrna officials are hoping a public park and hundreds of new homes will transform the waterfront from an industrial corridor into a flourishing attraction. While cities like San Antonio and Asheville have invested in their rivers with walkways, trails, restaurants and shops, the Chattahoochee remains largely undeveloped with limited accessibility. The ‘hooch is less of a meeting place than a border separating Cobb from Atlanta.

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Aggressive Atlanta Buyer Strikes Its Biggest Downtown Deal Yet

The Ardent Cos. paid $23 million for this five-story building at 150 Second Ave. N., home to BB King’s Blues Club and the national customer service operations of Lyft. A real estate investor from Atlanta that has paid record-setting prices for downtown Nashville real estate has cemented its largest purchase yet.

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