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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.” Asana paid $18.1 million for the properties that make up a combined 2.6 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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