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Jamestown, the Atlanta-based real estate investment and management company behind Ponce City Market and Westside Provisions District, Thursday announced the acquisition of The Shops Buckhead Atlanta.
The 356,000-square-foot retail and office portfolio, which includes two development parcels totaling 2.7 acres, was built in 2014 by OliverMcMillan and is situated across six blocks in Atlanta’s Buckhead neighborhood.
It was originally meant to open as The Streets of Buckhead under developer Ben Carter.
The property is home to brands such as Hermès, Spanx’s Global Headquarters, health and wellness studios and a variety of dining options.
Jamestown will host a series of town hall meetings where members of the community are invited to join in discussions on the property and its place in Buckhead.
“As local Atlantans, the intersection of West Paces Ferry and Peachtree has always been a centerpiece of Buckhead and we are excited to be incoming stewards of this community asset,” Michael Phillips, President of Jamestown, said in Thursday’s announcement.
Jamestown will host the first town hall on Tuesday, July 23 from 6:30 p.m. to 7:30 p.m. at The Shops Buckhead Atlanta, Suite B200.
The company has a portfolio of retail properties across the U.S. including Fourth Street in Berkeley, CA, The San Luis Obispo Collection in San Luis Obispo, CA, Ghirardelli Square in San Francisco, CA and Chelsea Market in New York, NY.
This transaction was brokered by JLL Capital Markets.