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Microsoft-Affiliated Buyer Acquires Westside’s Quarry Yards Project for $127M

A buyer group affiliated with Microsoft has acquired the 70-acre Quarry Yards project on Atlanta’s Westside for $127 million.

The 70-acre mixed-use project was assembled by former Atlanta Braves baseball player Mark Teixeira and Urban Creek Partners. It is at the meeting point of several highly publicized greenspace initiatives in Atlanta that are currently under development in Bellwood Quarry Park, the Beltline and the Proctor Creek Greenway. Additionally, it is within walking distance of the Bankhead MARTA station.

The original plan for the large-scale mixed-use project included a $400 million project adjacent to the park consisting of 575,000 square feet of office space, 75,000 square feet of retail space and a hotel. The project was also slated to include 850 apartment units.

Bryan Heller of CBRE represented Urban Creek Partners in the transaction.

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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