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Atlanta landmarks Plaza Theatre, Majestic Diner, sold for $18 million

March 9, 2017

Atlanta’s Plaza Theatre, a landmark on Ponce de Leon Avenue that opened in 1939 and is known for its Friday night performances of the “Rocky Horror Picture Show,” has been sold.

Charlotte, N.C.-based Asana Partners bought the strip center that includes the theater and clothing retailer Urban Outfitters, according to Fulton County property records. Asana also purchased an adjacent property known for the Majestic Diner with its familiar sign “Food that pleases since 1929.”

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SOURCE: Atlanta Business Chronicle 

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