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Dunwoody, Ga. — The Ardent Cos. has acquired Perimeter Place, a 360,000-square-foot retail property located in Atlanta’s Central Perimeter submarket, with plans to transform the property into a mixed-use development. Renovations will include the prioritization of walkability and accessibility, an improved tenant lineup, the lease up of vacant space and remerchandising the existing tenant mix. The redevelopment will also feature the addition of a multifamily component to the property.
Current tenants at Perimeter Place include Five Below, Office Depot, Dick’s Sporting Goods and HomeGoods.