Westwood Financial recently acquired Glenwood Park, located at 924 Garrett St. in Atlanta, for a total of $25.5 million. The property boasts approximately 48,633 square feet of retail space on the street level and is part of a mixed-use development that also includes privately owned condos and townhomes (which were not included in the deal) as well as leased office space totaling 30,000 square feet. Currently boasting an impressive occupancy rate of 90%, some notable tenants at Glenwood Park include Gunshow restaurant and Jeni’s Splendid Ice Creams.
The seller was Asana Partners who had previously purchased the property from Core Realty for $18.1 million in 2018 and has held onto it since then.
With over 125 shopping centers across the United States under its belt, Westwood Financial’s portfolio now includes properties within Atlanta’s Perimeter such as Village Place at Brookhaven, Trinity Square in Decatur and Decatur Crossing.
Asana Partners has been actively involved within Atlanta with ownership over other popular properties including Krog Street Market,Midtown Promenade,and Plaza on Ponce.
