Real estate investment and management firm Jamestown has acquired a minority interest in Inman Quarter, the mixed-use residential and retail development in Inman Park.
Through the transaction, Jamestown has become a joint venture partner in the property with longtime owner TriBridge Residential.
Jamestown is well-known in Atlanta as the developer of Ponce City Market and purchased Buckhead Village in 2020 and Colony Square last year. TriBridge’s most recent development, The Goat Farm, is an arts-centric district with half-million square feet of residential space, art studios, and artist residencies.
Inman Quarter includes approximately 40,000 square feet of retail, 200 residential units, and a 515-space parking deck. The retail is comprised of popular restaurants and cafes, including MF Sushi, Little Spirit, bartaco, and Beetlecat. According to data from Placer.ai, Inman Quarter attracts approximately 500,000 visitors annually.
“Inman Quarter is anchored by its great retail and prime location in one of Atlanta’s most walkable live-work-play neighborhoods,” Jamestown CEO Matt Bronfman said in a press release. “TriBridge is a strong multifamily operator and investor with a history of identifying great locations. We believe our vertically integrated capabilities and consumer-centric approach to real estate will complement their skillset to create new value-add opportunities for the property.”
Along with managing the property, Jamestown will assist in retail leasing, enhance common spaces, create community events programming, and “improve merchandising through curated lease-up of retail vacancies.”
“TriBridge is pleased to partner with Jamestown to reimagine Inman Quarter through thoughtful programming and new courtyard activation, deepening both our firms’ commitment to the neighborhood,” TriBridge Managing Partner Andy Green said in the press release.
