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JV Breaks Ground on $65M MXU Project in Doraville

A joint venture comprised of Kaufman Capital Partners and Atlantic Residential have broken ground on the $65 million Lumen Doraville development located at Peachtree Industrial Boulevard and Tilly Mill Road in Doraville.

The project is the redevelopment of two thirds of a 130,000-square-foot retail center, The Village at Tilly Mill Crossing, which was situated on approximately 14 acres. The new development includes two buildings containing 320 apartment units, as well as approximately 3,500 square feet of ground floor commercial space. The Kaufman/Atlantic joint venture closed on the deal to purchase the property on November 23, 2020.

“Three years ago, we had a vision to transform this underutilized property into a modern development that truly serves the needs of Doraville residents while acting as a catalyst for growth in the corridor,” said Garry Sobel, senior vice president at Kaufman Capital Partners. “This collaborative effort would not have come to life without the support of the City of Doraville, its Mayor, Planning Commission, City Council and the Doraville Downtown Development Authority.”

For comments, questions or concerns, please contact David Cohen

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About David Cohen

David Cohen is Southeast Editorial Director at Connect Commercial Real Estate. David is a media veteran with more than 10 years of experience in journalism, copywriting and communications across a variety of roles. He is responsible for covering commercial real estate news and trends in the Southeast, Florida, Washington D.C. and Boston at Connect CRE as well as specializing in the Student Housing sector. Prior to joining Connect, David was the editor of Northeast Real Estate Business magazine and Student Housing Business magazine at France Media as well as spending time freelancing for ESPN and the Associated Press in the fast-paced field of live sports event production. He is also an owner and investor in multifamily real estate in Atlanta, GA. David currently resides in Atlanta and graduated from the College of Communication & Information at the University of Tennessee Knoxville.

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