{"id":1004128773,"date":"2015-10-06T06:54:13","date_gmt":"2015-10-06T14:54:13","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004128773"},"modified":"2020-05-12T23:21:44","modified_gmt":"2020-05-13T07:21:44","slug":"hines-secures-retail-centerpiece-in-atlanta","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/hines-secures-retail-centerpiece-in-atlanta\/","title":{"rendered":"Hines Secures \u2018Retail Centerpiece\u2019 in Atlanta"},"content":{"rendered":"<p><em><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2015\/10\/Town-Center-at-Atlantic-Station-Atlanta.jpg\"><img loading=\"lazy\" decoding=\"async\" data-attachment-id=\"1004128777\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/hines-secures-retail-centerpiece-in-atlanta\/town-center-at-atlantic-station-atlanta\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2015\/10\/Town-Center-at-Atlantic-Station-Atlanta.jpg\" data-orig-size=\"711,473\" data-comments-opened=\"1\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;1&quot;}\" data-image-title=\"Town Center at Atlantic Station, Atlanta\" data-image-description=\"\" data-image-caption=\"\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2015\/10\/Town-Center-at-Atlantic-Station-Atlanta.jpg?w=711\" class=\" size-medium wp-image-1004128777 alignright\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2015\/10\/Town-Center-at-Atlantic-Station-Atlanta.jpg\" alt=\"Town Center at Atlantic Station, Atlanta\" width=\"300\" height=\"200\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2015\/10\/Town-Center-at-Atlantic-Station-Atlanta.jpg 711w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2015\/10\/Town-Center-at-Atlantic-Station-Atlanta.jpg?resize=300,200 300w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a>By Barbra Murray, Contributing Editor<\/em><\/p>\n<p>Acting on behalf of an institutional client, <a href=\"https:\/\/www.hines.com\/home\/default.aspx\" rel=\"nofollow\" target=\"_blank\">Hines<\/a> makes a move in familiar territory in Midtown Atlanta, grabbing Town Center at Atlantic Station, the retail centerpiece of the 138-acre Atlantic Station sustainable mixed-use community. Hines acquired the 586,000-square-foot Town Center from CBRE Global Investors and North American Properties, and added the property to its asset and property management portfolio.<\/p>\n<p>All parties involved are remaining mum on the price tag. Town Station, developed in 2005, last traded hands at the close of 2010, when CBRE Global and NAP picked it up for approximately $75.3 million.<\/p>\n<p>\u201cWe are already active and dedicated to the Midtown Atlanta submarket, and we look forward to continue positioning Atlantic Station as the model for experiential, mixed-use communities,\u201d Kurt Hartman, senior managing director of Hines\u2019 Southeast Region, said. \u201cHines will build on the momentum created by CBRE Global Investors and North American Properties and ensure that Atlantic Station remains a compelling shopping and dining destination, as well as a community gathering place.\u201d<\/p>\n<p>Certainly, Hines is quite active in Midtown Atlanta and most recently, at Atlantic Station in particular. In July, the company <a href=\"https:\/\/www.commercialsearch.com\/news\/regions\/southeast\/hines-to-build-creatively-in-atlanta\/1004122847.html\" target=\"_blank\">acquired a vacant lot<\/a> in the master-planned community from CBRE Global with plans of building a 200,000-square-foot creative office tower.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The company has acquired a 138-acre retail property in a mixed-use community.<\/p>\n","protected":false},"author":969,"featured_media":1004128777,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1489,21742,21749],"tags":[],"class_list":["post-1004128773","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-atlanta","category-latest","category-retail"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - 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