Portman Holdings is expanding its Atlanta BeltLine area portfolio with the acquisition of a 1-acre block near Krog Street Market. The company previously purchased 1.3 acres at McGruder, Sampson and Irwin Streets for $12 million and plans to expand their mixed-use office hub Junction Krog District across the street from this new property. This latest acquisition will be home to an eight-story building set for redevelopment in late 2024 or early 2025.
Currently, tenants onsite include Jake’s Ice Cream, Lingering Social Shade Club and Atlanta Bicycle Barn but potential plans include up to 200,000 square feet of office space as well as 10,000 square feet of ground level retail space with a pedestrian plaza and raised walkway connecting both buildings within Junction Krog District across Irwin Street.
