At our Bisnow 2014 Atlanta Forecast, we met up with Franklin Street Real Estate Services’ Ricky Jones fresh from brokering the sale of the Ponce De Leon Hotel. Nazar Properties purchased the 58-room, 19k SF extended-stay hotel for an undisclosed sum from the long-time family who owned it. Franklin’s Jake Reid was the main broker behind the sale; he previously told us the 1.2-acre site could be used for a future mixed-use development. View PDF
