News

Asana Partners to acquire retail portion of 3 Crescent Communities projects

December 6, 2017 Two Charlotte-based companies said Wednesday that they’ve reached a deal that is expected to bring more shops and restaurants to a trio of major new developments. Crescent Communities will sell the retail space at three new projects – one in NoDa, two in uptown – to Asana Partners, which will own, lease and manage the space. Except for Whole Foods, under construction uptown, no tenants have been announced at the new developments, meaning Asana Partners will be charged with bringing a lineup of new retailers and restaurateurs to the prominent More

What Asana Partners means for Old Town

September 28, 2017 When Charlotte, North Carolina-based Asana Partners closed on its first set of properties in December of last year, it became one of Old Town’s most dominant proprietors overnight. More

The Plaza on Ponce set for revitalization following $18.1 mm sale

September 6, 2017 Scope these renderings for the soon-to-be overhauled The Plaza on Ponce, home to Plaza Theatre, Majestic Diner. More

Charlotte retail investor buys six more Old Town Alexandria buildings

August 18, 2017 The upstart company has a knack for finding interesting retail spaces in walkable markets. More

Asana Makes a Splash in Old Town Alexandria

July 26, 2017 Charlotte, North Carolina-based real estate firm Asana Partners is making a splash in Old Town Alexandria with a handful of recent acquisitions — much to the delight of many economic development types in the city. More

Asana Partners buys building on Stonewall corridor, discusses property's potential

July 18, 2017 A Charlotte real estate firm that's been buying up properties in booming South End has made a key investment on a crane-ridden corridor in uptown. More

Deep Ellum to see fresh investment as new owner looks for more properties

July 12, 2017 The biggest new property owner in Dallas' popular Deep Ellum district plans to bring new retail tenants and invest more money in the neighborhood. More

North Carolina investor now one of biggest owners in Dallas' Deep Ellum district

July 5, 2017 A North Carolina real estate investor has become one of the largest owners in Dallas' hot Deep Ellum neighborhood. Asana Partners is acquiring more than three dozen buildings and parking lots in Deep Ellum from investor 42 Deep Ellum LP. Starting in 2012, 42 Deep Ellum acquired a portfolio of more than 50 properties in the area just east of downtown. Since then, the Dallas partnership has remodeled and upgraded buildings and signed new leases with retail and restaurant tenants. 42 Deep Ellum founder Scott Rohrman — who was instrumental in More

Asana Partners Acquires Deep Ellum Portfolio in Dallas

July 5, 2017 CHARLOTTE, NC (July 5, 2017) -- Asana Partners today announced the acquisition of a portfolio of 28 buildings and eight parking lots in the heart of Deep Ellum, a well-known food and retail destination in Dallas, Texas, and one of the most authentic urban neighborhoods in the country. “We are excited to be part of Deep Ellum and look forward to adding value here through specialized retailers and strategic capital investment,” said Terry Brown, Managing Partner of Asana Partners. A dynamic, walkable community, Deep Ellum is immediately adjacent More

Asana Partners gets to work on South End holdings

June 27, 2017 After buying up high-profile real estate throughout South End, Charlotte real estate investment management firm Asana Partners is diving into its renovation program. More

Charlotte buyer snags popular retail development by Music Row

June 8, 2017 Asana Partners now owns a controlling stake in the Edgehill Village development in Midtown Nashville, steps from famed Music Row, where the country music recording industry was born more than 60 years ago. More

Asana Partners Names Micah Holton Chief Financial Officer

March 28, 2017 CHARLOTTE, NC (March 28, 2017) -- Asana Partners, a vertically integrated retail real estate investment management firm, today announced Micah Holton has joined the company as Chief Financial Officer. Holton previously was Senior Vice President and Chief Accounting Officer of MAA (NYSE: MAA), an S&P 500 company with a total capitalization of $16 billion. Holton oversaw all aspects of accounting, external reporting, and SEC compliance and was instrumental in the company’s mergers and related integrations with Post Properties and Colonial More

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. More

Asana Partners Announces Final Close of $500 Million Debut Fund

January 26, 2017 CHARLOTTE, NC -- Asana Partners (“Asana”), a vertically integrated retail real estate investment management firm, today announced the final close of Asana Partners Fund I (the “Fund”) with $500 million in equity commitments. The Fund received commitments from a diverse set of investors, including some of the nation’s leading state pension funds, municipal pension funds, corporate pension funds, insurance companies, and endowments. “We greatly appreciate the support of our investors whose commitment underscores the strength of our business More

Prominent South End center sold to new owner – with plans to add a lot more retail

December 2, 2016 South End's Design Center of the Carolinas has been sold to a company affiliated with Charlotte-based Asana Partners, Mecklenburg County real estate records show - and the new owner plans to turn the site into a South End shopping destination. More

South End’s Design Center sold for $42 million. Look for developer to build on urban retail and walkability.

December 1, 2016 The Charlotte Agenda reports that RAM Realty has sold the Design Center in South End for a little north of $42 million. The 4.5-acre plot is located on Camden between Worthington and Tremont. More

Former EDENS Executives Launch Asana Partners – A Retail Real Estate Investment Company

September 9, 2015 COLUMBIA, S.C. – Industry veterans Terry Brown, Jason Tompkins, and Sam Judd last month launched Asana Partners, a retail real estate investment company balancing a vision and passion for the retail experience with the financial rigor necessary to create value. Drawing from the team’s deep operational and investment background in retail real estate, including more than $15 billion in transaction activity over the last 15 years, the company will acquire, own, and operate retail properties in dynamic markets across the United States. “Success in More

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