Downtown property purchased

Regent Partners and Atlanta based Worthington Hyde Partners bought 50 Ivan Allen Junior Blvd. in downtown's mixed-use development Allen Plaza.

The partners did not announce immediate plans for the property, which is between Peachtree Street and the World of Coke and the Georgia Aquarium.

“The combination of location, access, amenity base and unmatched 75/85 connector visibility puts 50 Allen Plaza atop the list of viable in-town office sites to be developed in the next cycle.” said David Tennery, Principal of Office Properties for Regent Partners.

David Allman, Founder and Chairman of Regent said the property fits the company's 20-year strategy of getting prime positions for future development.

Regent Partners’ existing Atlanta land holdings include Capital City Plaza II, 3330 Peachtree in Buckhead, and Riverwood in Cumberland Galleria.

--Christopher Quinn

About the Author

10 hybrid and EV models, 3K jobs part of Hyundai’s next phase in Georgia

The Korean automaker detailed a $2.7 billion expansion to its Georgia electric vehicle factory near Savannah and plans to grow the number of models to be built there.

Hyundai’s Georgia electric vehicle plant: What you need to know

Here’s what you need to know about the Hyundai facility in Georgia near Savannah, where production of electric vehicles will begin later this year.

Edible Brands expands THC marketplace even as lawmakers challenge the industry

In March, Edible Brands expanded beyond selling its iconic Edible Arrangements and other sweet treats into hemp products with federally legal amounts of THC.

The Latest

Credit: Miguel Martinez

Opinion: Charging EVs away from home keeps getting easier

Hyundai’s Georgia electric vehicle plant: What you need to know

OPINION

EV tax credits end in September. Here are the cars that qualify.

Featured

Credit: abbey.cutrer@ajc.com

Police abandoned area where 8-year-old was shot, detective testifies

The testimony came as trial began for Julian Conley, the man accused of fatally shooting the child near the burned-down Wendy’s where Rayshard Brooks was killed weeks earlier.

Emory giving free tuition to students from families making under $200,000

Starting next academic year, Emory University will be tuition-free for undergraduates whose families earn less than $200,000, a move that could help hundreds of students.

Weekend Predictions: Another winning weekend for Falcons, Georgia Tech?

Weekend Predictions is off to a hot start. But will wins by the Atlanta Falcons, Georgia Tech and Georgia State keep this streak alive?