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Sale of Krog District in Atlanta Marks Major Retail Deal

Krog District in Atlanta showcasing dining and shopping ambiance

Atlanta, October 2, 2025

News Summary

The Krog District, a key real estate development along the Atlanta Beltline, has been purchased by 26th Street Partners. This sale, confirmed on September 25, 2025, included significant properties such as Krog Street Market and Atlanta Stove Works. While tenants typically experience little change following a sale, it’s anticipated that new tenants may be introduced over time. The area has seen substantial redevelopment efforts in recent years, adding over 70,000 square feet and new establishments, further establishing its appeal as a bustling community hub.

Atlanta

The Krog District, a significant real estate development in Atlanta, has been sold in a landmark retail deal to local real estate investment firm 26th Street Partners. The transaction, which officially closed on September 25, 2025, was confirmed by a spokesperson on Thursday, though the sale has yet to be updated in Fulton County property records.

Located along the Atlanta Beltline’s Eastside Trail, the Krog District is known for its vibrant hub featuring diverse dining, shopping, and entertainment options. It includes notable properties like Krog Street Market, Atlanta Stove Works, SPX Alley, the Butler Building, and the Gravel Building. The area has served as an inspiration for a series of similar real estate projects throughout the city.

Currently, it remains unclear what plans 26th Street Partners has for the Krog District. However, typically little changes for tenants aside from having a new landlord when a property is sold. In the long term, 26th Street Partners might consider introducing new tenants as existing leases expire.

The Krog District’s redevelopment was significantly advanced by the previous owner, Asana Partners, who completed a major renovation in 2023. This initiative transformed the Krog District into a modern destination, increasing the total square footage by over 70,000 square feet. The redevelopment included the addition of two mixed-use buildings, a new parking garage, outdoor dining, and open spaces, all while preserving the area’s historical architecture.

This important project was developed in collaboration with the Inman Park Neighborhood Association and the City of Atlanta Urban Design Commission, ensuring a design that connected meaningfully with local communities. Recently, the Krog District has received recognition for its significant community connection and vibrancy in local neighborhoods. In the past year, it has celebrated the arrival of eight new dining and retail establishments, further cementing its status as a preferred destination.

Asana Partners, the previous owner, manages over $7 billion in neighborhood assets across the U.S. with a specific focus on retail real estate. Eastdil Secured acted as the representative for Asana Partners during the sale transaction.

Key Features of the Krog District

Feature Description
New Owner 26th Street Partners
Major Properties Krog Street Market, Atlanta Stove Works, SPX Alley, Butler Building, Gravel Building
Completion of Sale September 25, 2025
Previous Owner Asana Partners
Total Square Footage Increase Over 70,000 square feet
New Tenants Potential introduction as leases expire
Award-Winning Listings Eight new dining and retail establishments in the past year

FAQ

Who bought the Krog District?

The Krog District was sold to 26th Street Partners.

When did the sale of the Krog District close?

The sale officially closed on September 25, 2025.

What properties are included in the Krog District?

The Krog District includes notable properties such as Krog Street Market, Atlanta Stove Works, SPX Alley, the Butler Building, and the Gravel Building.

What changes can tenants expect after the sale?

Typically, little changes for tenants aside from having a new landlord when a property is sold.

What notable improvements did the previous owner make?

Asana Partners completed a significant redevelopment of the Krog District in 2023, increasing the total square footage by over 70,000 square feet.

What is the current status of property records for the Krog District?

The sale has not yet been updated in Fulton County property records.


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STAFF HERE ATLANTA WRITER
Author: STAFF HERE ATLANTA WRITER

The ATLANTA STAFF WRITER represents the experienced team at HEREAtlanta.com, your go-to source for actionable local news and information in Atlanta, Fulton County, and beyond. Specializing in "news you can use," we cover essential topics like product reviews for personal and business needs, local business directories, politics, real estate trends, neighborhood insights, and state news affecting the area—with deep expertise drawn from years of dedicated reporting and strong community input, including local press releases and business updates. We deliver top reporting on high-value events such as vibrant music festivals like Shaky Knees and Music Midtown, major cultural celebrations including Dragon Con and the Atlanta Film Festival, and iconic sporting events like the Peachtree Road Race. Our coverage extends to key organizations like the Metro Atlanta Chamber of Commerce and the Atlanta Convention & Visitors Bureau, plus leading businesses in logistics, beverages, and retail that power the local economy such as Delta Air Lines, The Coca-Cola Company, and The Home Depot. As part of the broader HERE network, including HEREAugusta.com and HERESavannah.com, we provide comprehensive, credible insights into Georgia's dynamic landscape.

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