News

San Diego-Area Retail Center Commands $58M

August 23, 2019 A joint venture sold the 123,000-square-foot retail asset in Carlsbad, Calif. JLL represented the buyer in the off-market purchase. More

Along Edgewood Avenue, new brewery, bar, expanded restaurant claiming old buildings

June 25, 2019 The past decade, give or take, has seen Edgewood Avenue morph from a sleepier east-west corridor dotted with vacancies to a bona fide nightlife destination, home to establishments such as Joystick, Cafe Circa, the original Church Bar, Georgia Beer Garden, and Noni’s, with its popular DJ nights and mean lasagna bolognese. More

Warehouse District: How West Palm Beach’s newest nightlife village found suds, spirits and ‘soul’

June 6, 2019 When Hurricane Maria struck Puerto Rico last summer, Richard Santiago and his family toiled in the swelter of a powerless apartment for weeks as mosquitoes swarmed their flooded home. Santiago’s art studio “looked like a river,” he recalls. More

National coworking company signs on for Noda location

May 17, 2019 New York-based Industrious has signed a deal to occupy 20,000 square feet at 436 E. 36th St., a former warehouse that Asana Partners is upfitting for new uses. More

Deep Ellum's biggest landlord acquires Dallas complex Victory Park

May 16, 2019 The Victory Park development near downtown Dallas has a new owner: Asana Partners, the Charlotte, North Carolina real estate investment company, acquired the retail portion of the complex from Florida-based Estein USA in a deal that transpired on May 16. More

Asana Partners Announces Natural Grocers Opening New Store at the Triangle

May 16, 2019 AUSTIN, TX (May 16, 2019) – One of Austin’s best organic grocers is getting more accessible. Natural Grocers will relocate their Guadalupe Street location to the Triangle in a 14,000 square-foot space designed for the grocer’s loyal and ever-growing customer base. More

Asana Partners Announces Final Close of $800 Million Fund

April 8, 2019 CHARLOTTE, NC -- Asana Partners (“Asana”) today announced the final close of its second value-add fund, Asana Partners Fund II, LP (the “Fund”), with $800 million in equity commitments. The Fund received commitments from a diverse set of institutional investors, including public pension funds, corporate pension funds, insurance companies, endowments, foundations, sovereign wealth funds, and family offices. More

In Dallas, Tracking Merit Coffee’s Texas-Sized Expansion

April 2, 2019 Turns out Merit has a whole lot in store for the Big D, including a stunning new coffee 2,500 sq. ft. coffee bar in the Deep Ellum district of downtown, and overseeing a brand new cafe in the tony Highland Park neighborhood, open this very day of publishing, April 2nd. More

How MBA Students Can Get Investing Experience

March 27, 2019 LIKE MANY BUSINESS school applicants, Brian Purcell, 35, had a specific goal in mind when he quit his day job to get an MBA degree at the University of North Carolina—Chapel Hill's Kenan-Flagler Business School. After graduating from Davidson College, Purcell spent six years handling real estate sales and development in Charlotte, North Carolina. More

Patagonia to Move Into Old Town Theater

March 8, 2019 The outdoor clothing and gear company Patagonia will be opening a store in the former Old Town Theater in 2020, Patagonia announced Friday. More

Sonder to take over four properties in Philadelphia

March 6, 2019 US: Short-term rental operator Sonder is to take over four Philadelphia properties that are being converted into apartments, with plans to offer furnished rooms to short-stay accommodation seeking travellers. More

Rebuilding Deep Ellum: New Types Of Tenants The Latest To Discover 'The Best Kept Secret In Dallas'

March 6, 2019 An empty floor of Westdale’s The Epic office tower — just weeks away from welcoming its first tenants — hosted a Bisnow event Wednesday where developers, community advocates and investors shared their visions for Deep Ellum’s future. More

South End mural promotes diversity, inclusion

February 15, 2019 CHARLOTTE – A new mural in the South End neighborhood is spreading a powerful message and getting a lot of “likes,” too. More

Charlotte investor acquires retail center next to Atlanta BeltLine

January 16, 2019 Asana Partners strikes deal with Ackerman for Trader Joe's anchored Midtown Promenade. A Charlotte retail investor has added another well-known property along the Atlanta's BeltLine's Eastside trail to its growing collection. More

Wooden Robot’s NoDa location will have a rooftop bar when it opens this spring

January 10, 2019 Wooden Robot, the well-respected South End brewery, will soon open an additional location in NoDa. More

Houston developer sells Heights Mercantile, other properties

January 9, 2019 Heights Mercantile, a 40,000-square-foot retail development at 7th Street between Heights Boulevard and Yale Street, has been sold. More

Asana Partners buys Warehouse District development in West Palm

December 20, 2018 Real estate investment firm Asana Partners just bought the recently completed Warehouse District in West Palm Beach for $18.5 million, according to sources. More

Asana Partners Buys Jamestown’s Newbury Street Portfolio For Nearly $300M

December 11, 2018 Jamestown is saying farewell to Boston’s high street of shopping with a hefty sale. More

Asana adds Balcony on Beverwil

December 3, 2018 The Balcony on Beverwil, a grocery-anchored center on the Westside, sold for $50.3 million, Jones Lang LaSalle Inc. announced Dec. 3. More

New owners plan major renovations at Oswego Village

November 19, 2018 A North Carolina-based real estate investment firm has purchased the Oswego Village shopping center on State Street, with plans to renovate the downtown Lake Oswego property and fill it with new retailers and restaurants. More

Asana Partners