Newport RE today announces the acquisition of four buildings and one surface lot along Broad and Mitchell Streets in Downtown Atlanta - the latest in the company’s expansive plans for its South Downtown project, a visionary endeavor to transform the history-rich area with 10 blocks of retail, restaurant, office, hotel and residential space. The new building and lot addresses are as follows:
111 Broad Street
115 Broad Street
185 Mitchell Street
187 Mitchell Street (lot)
191 Mitchell Street
The acquisitions take Newport’s South Downtown acquisition portfolio across the 50-building milestone – further emphasizing the project’s sheer scope and scale.
“Newport is proud to continue acquiring strategic and complementary assets in support of our vision for the South Downtown neighborhood. These historic buildings will undoubtedly add to the vibrancy of the area – and we are happy whenever we can work creatively with long-time building owners to unlock value for themselves and their families,” said Kevin Murphy, Executive Vice President at Newport RE.