Ardent is buying, and Landsec wants in as well.
Ardent has paid £50M for an 1840s-era building last sold for £86M in 2014.
The asset management giant could seize the 2.2M SF property, which was valued at $650M two years ago.
Condo owners grappling with repair bills from changes to state law may want to sell, but developers are only willing to pay so much for a development site.
Leasing volume was at a three-year high in 2024, while the final quarter of the year saw positive absorption for the first time since the beginning of 2022.
Ardent plans to raze a portion of the retail property to make way for multifamily.
A 20-story residential tower is being considered at a series of properties in Midtown Village. They're part of the Washington Square West Historic District.
Ardent getting access to 100 gigabit of internet speed under new AT&T program to lure more tech companies to Piedmont Center
Argenbright is now headquartered at Salesforce Tower in Buckhead.
Coverage of Panel 1 from Bisnow's LA Hotel Boom.
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