Asana buys Midtown Promenade

Ackerman & Co. has sold Midtown Promenade to Asana Partners. The buyer financed the acquisition with a $27.5 million loan from Synovus Bank. The five year loan includes an accordion note provision, allowing for an additional $8.3 million in funding. Midtown Promenade is a 110,998 square foot retail asset in Atlanta. It is located at […]