ATLANTA — Cushman & Wakefield has arranged the $29.8 million sale of a land site located at the corner of Memorial Drive and Bill Kennedy Way in Atlanta’s Reynoldstown submarket. The site was formerly occupied by manufacturer Leggett & Platt. Matt Hawkins, Pierce Owings and Ron Willingham of Cushman & Wakefield represented the undisclosed seller in the transaction. Atlanta-based Fuqua Development acquired the 17-acre property, with plans to develop a $250 million mixed-use development dubbed Madison Yards. The project will include 160,000 square feet of retail space — including anchor tenants Publix and AMC Theatres — 80,000 square feet of loft office space, 550 apartment units and townhomes. Madison Yards is expected to open as early as 2019.
The 17-acre site, located at the corner of Memorial Drive and Bill Kennedy Way in Atlanta’s Reynoldstown submarket, will be the future home of Madison Yards, a $250 million mixed-use development.
Cushman & Wakefield Arranges $29.8M Land Sale in Atlanta for Future Mixed-Use Development
206