Atlanta, GA, October 4, 2025
News Summary
26th Street Partners, a real estate firm based in Atlanta, has officially acquired Krog Street Market and the adjacent Krog District properties. The deal, confirmed on September 25, signifies a major change in the ownership of one of Atlanta’s vibrant destinations. Krog Street Market, known for its adaptive reuse as a food hall, hosts a variety of popular tenants and has become an integral part of the community. Future plans under the new ownership may include introducing new tenants as existing leases expire.
Atlanta, GA – 26th Street Partners, an Atlanta-based real estate firm, has acquired Krog Street Market and the surrounding Krog District properties. The acquisition was confirmed on September 25, 2025. While the sales price of the transaction has not been disclosed, this deal marks a significant shift in ownership for one of the city’s popular destinations.
The Krog District includes Krog Street Market along with several adjacent historic buildings: Atlanta Stove Works, SPX Alley, and Butler and Gravel buildings. The Krog Street Market is recognized as a 30,000-square-foot adaptive reuse food hall and is claimed to be the first food hall in the South. It features a diverse range of tenants, including Hop City, Fred’s Meat & Bread, Jeni’s Splendid Ice Creams, Superica, Ticonderoga Club, The Collective, and The Merchant.
The Krog District’s real estate has seen significant financial activity over the past few years. In 2018, Asana Partners, a Charlotte-based real estate investment firm, acquired the Krog District buildings for $45.8 million. Prior to its redevelopment into Krog Street Market, the property served as the home of Tyler Perry Studios.
Under the new ownership of 26th Street Partners, there is potential for changes in the commercial landscape of Krog Street Market. There may be considerations for bringing in new tenants as existing leases expire. The Krog Street Market recently celebrated its 11th anniversary in business, highlighting its role as a vibrant community space in Atlanta.
Prominent retail brands such as Patagonia already have a significant storefront within the Krog District, while Yeti is expected to open a shop in the near future. Eastdil Secured acted as the representative for Asana Partners during the transaction. Since the acquisition has not yet been recorded in Fulton County property records, details regarding future plans may be forthcoming as the new owners outline their vision for the area.
Key Highlights of the Acquisition
- Acquisition of Krog Street Market and Krog District confirmed on September 25, 2025.
- Previous owner, Asana Partners, purchased the properties in 2018 for $45.8 million.
- Krog Street Market is a significant food hall with multiple tenants.
- Potential for new tenants to be introduced as existing leases expire.
Background on Krog Street Market
The Krog Street Market represents a successful redevelopment effort, converting a historic warehouse from the 1920s into a modern food hall. The original redevelopment was executed by Paces Properties in 2014. In the years since, it has become a vital component of Atlanta’s culinary scene, drawing both locals and visitors alike.
For more than a decade, the market has stood as a hub of food and retail, reflecting the evolving character of the surrounding Krog District.
Future Outlook
Seth Black from Asana Partners expressed positive expectations for the future of Krog Street Market under new ownership, suggesting that the market may continue to thrive as a shopping and dining destination.
FAQs
Who acquired Krog Street Market?
26th Street Partners, an Atlanta-based real estate firm, has acquired Krog Street Market and the surrounding Krog District properties.
When was the acquisition confirmed?
The acquisition was confirmed on September 25, 2025.
What did Asana Partners pay for the Krog District buildings?
Asana Partners previously purchased the Krog District buildings for $45.8 million in 2018.
What is Krog Street Market known for?
Krog Street Market is a 30,000-square-foot adaptive reuse food hall and is claimed to be the first food hall in the South.
What are some tenants at Krog Street Market?
The property features diverse tenants including Hop City, Fred’s Meat & Bread, Jeni’s Splendid Ice Creams, Superica, Ticonderoga Club, The Collective, and The Merchant.
Key Features of Krog Street Market
| Feature | Description |
|---|---|
| Acquisition Date | September 25, 2025 |
| Previous Owner Cost | $45.8 million in 2018 |
| Size | 30,000 square feet |
| Anniversary | 11th anniversary |
| Notable Tenants | Hop City, Fred’s Meat & Bread, Jeni’s Splendid Ice Creams, Superica, Ticonderoga Club, The Collective, The Merchant |
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Additional Resources
- Atlanta News First
- Wikipedia: Krog Street Market
- Shopping Center Business
- Google Search: Krog Street Market
- ReBusiness Online
- Google Scholar: Krog Street Market
- AJC
- Encyclopedia Britannica: Atlanta
- Discover Atlanta
- Google News: Krog Street Market
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.
