 |
| Mark Toro |
ATLANTA, GA –
Houston-based Lionstone Investments (Lionstone) and North American Properties
(NAP) closed on the acquisition of Colony
Square in Midtown Atlanta this week.
NAP, known in Atlanta for
the successful turnaround of Atlantic Station and ground up development of
Avalon, plans to take the roof off the retail core of Colony Square and connect
it to the street, transforming it into a walkable, open-air experience where
Atlantans will gather and spend time.
“Over the decades, the
Midtown neighborhood around Colony Square flourished while the iconic building
became sleepy and tired,” said Mark Toro,
Managing Partner of NAP.
“On July 4, 2018, the 50th
anniversary of Colony Square’s groundbreaking, we will celebrate the grand
opening of the reimagined Colony Square. We will engage with the city, with the
street and with pedestrians, and it will fundamentally change the experience of
living and working in Midtown Atlanta.”
For a complete copy of the company’s news release,
please contact:
Liana Moran • The Wilbert
Group
1720 Peachtree St., Suite
350 • Atlanta, Ga. 30309
O: 404-748-1367 M:
770-905-9915
