News

An Atlanta-based firm with a global presence.
$200M development in Durham takes next steps; will include homes, grocery store

The $200 million redevelopment of a bottling facility in northwest Durham is moving forward. Atlanta-based Ardent Companies recently filed site plans for its redevelopment of the Durham Coca-Cola Bottling Company warehouse. The new development will have 370 apartments, 35 townhomes and nearly 70,000 square feet of retail space including a grocery […]

Read More
New Options Land at The Royal Exchange

The Royal Exchange, the City of London’s leading luxury destination, has signed two new dining brands as operators look to capitalise on the public realm improvements and the Square Mile’s ongoing resurgence. Empanada specialist Chango has taken unit 31, while The Salad Kitchen has signed for unit 23. Both stores, […]

Read More
The Ardent Cos. invests $61M in Big Plan Holdings Lower Broadway project

Atlanta-based real estate investment firm The Ardent Cos. has invested in Lower Broadway once again. This time, The Ardent Cos. made a bridge loan to Big Plan Holdings for $61 million on Dec. 22, according to Metro records, to complete construction of the yet-to-named bar at 405 Broadway. In 2022, sources […]

Read More
Des Gunewardena announces new venture at The Royal Exchange

Des Gunewardena, co-founder and former CEO of restaurant group D&D London, announced today that he has signed an agreement with The Ardent Companies UK to open a new flagship restaurant, bar and event space at The Royal Exchange, The City of London’s leading luxury destination. This will be the first […]

Read More
Early ’24 opening eyed for Broadway chicken eatery

Construction is set to begin on the Raising Cane’s Chicken Fingers space in downtown Nashville, with a first quarter 2024 opening eyed. As the Post reported in September 2021, the Baton Rouge-based parent company of the national fast-food chain plans a location at 208 Broadway. A Metro Codes Department permit, valued at $5.2 […]

Read More
Major fashion brands flock to shopping centre

Touchwood Shopping Centre in Solihull has continued to expand its retail offer with the arrival of three major fashion brands. Jeans brand Levi Strauss & Co. has taken a 2,350 sqft unit on a new five-year lease, while shoe and accessories retailer Dune London has signed a five-year lease for […]

Read More
Ardent hires Lakhtaria to lead new UK debt business

The Ardent Companies, the US-based real estate investment firm, is expanding its debt platform into the UK and appointed Sunny Lakhtaria to lead the new business. Ardent, which launched its UK business back in 2021, said Lakhtaria will head the UK platform that will target both “fresh lending and debt buying […]

Read More
First "Green" Climate-Controlled Self-Storage Facility Opens in Maryland

Diamond Point Development, LLC (DPD), in partnership with The Ardent Companies recently opened the first “green” climate-controlled self-storage facility in Frederick, Maryland. Formerly the Frederick Indoor Sports Center, the conversion into a 100,000-square-foot Life Storage is now complete. Self-storage is a low impact land use with very low generation of […]

Read More
Developer eyes Durham facility for new homes, grocery store, retail

A bottling facility in Durham could be transformed into a new development with apartments, townhomes, a grocery store and retail space. The Ardent Companies, an Atlanta-based asset management firm, has filed a rezoning request with the City of Durham for 3214 Hillsborough Road, site of the Durham Coca-Cola Bottling Company […]

Read More
Restaurant-bar with gaming element set for downtown

The downtown building once housing the since-closed The George Jones museum, restaurant and bar is slated to house DraftKings Sports & Social and a cowboy-themed bar, according to a Metro permit related to signage. The effort to get the business operational comes after a partnership comprising Atlanta-based The Ardent Companies […]

Read More
Ardent Launches $500 Million Debt Fund

Ardent, a privately held real estate firm focused on opportunistic and diversified investment strategies, is celebrating its ten-year anniversary – a period highlighted by dynamic growth of the firm’s team, its investment strategies, and its investor base. But the industry leader is just getting started. Today, Ardent announces the launch of its […]

Read More
Ardent Launches Fund, Adds Staffers

Ardent Financial has kicked off fundraising for its latest bridge-loan vehicle earlier than expected and added four seasoned pros in a bid to capitalize on rising demand for commercial real estate debt investments. The investment manager originally planned to start raising about $500 million of equity for Ardent Financial Fund […]

Read More
Ardent UK Positions for Growth with Senior Hires

The Ardent Companies UK (“Ardent UK”), the acquisitive subsidiary of US-based real estate investment and asset management firm The Ardent Companies, has strengthened its team and positioned itself for further growth with the appointment of development and investment directors into two new roles.   Joe Swindells arrives as development director, […]

Read More
Ardent UK Acquires Four Industrial Assets for £25 Million

London, 16th August 2022: The Ardent Companies UK (“Ardent UK”), the acquisitive subsidiary of US-based real estate investment and asset management firm The Ardent Companies, has acquired four light industrial assets for £24.7 million.   The buys – split between the Shelby Portfolio of three Birmingham estates and a standalone […]

Read More
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 […]

Read More
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 […]

Read More
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 […]

Read More
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 […]

Read More
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 […]

Read More
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 […]

Read More
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 […]

Read More
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 […]

Read More
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 […]

Read More
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 […]

Read More
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.

Read More
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.

Read More
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.

Read More
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.

Read More
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.

Read More
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.

Read More
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.

Read More
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.

Read More
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.

Read More
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.

Read More
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.

Read More

Contact Investor Relations