Asana Partners Fund IV LP

10/02/2025 | Press release | Archived content

Asana Partners Sells The Krog District Portfolio to 26th Street Partners

ATLANTA (October 2, 2025) - Asana Partners announced today the sale of The Krog District to 26th Street Partners. A signature collection of landmark properties adjacent to Atlanta's BeltLine Eastside Trail in Inman Park, the portfolio includes 73 Krog St. NE, 99 Krog St. NE (Krog Street Market), 112 Krog St. NE, 124 Krog St. NE, and 661 Auburn Ave. NE. The transaction closed September 25.

Widely considered an Atlanta institution, The Krog District is home to a diverse mix of award-winning restaurants and retailers - including 8 new additions announced over the last year - as well as offices, residences, and community gathering spaces. The District draws heavily from the Trail as well as the densely populated, historic neighborhoods that surround it.

"The Krog District is a great example of our approach to investing in vibrant neighborhoods with deep community connections, " commented Seth Black, Partner with Asana Partners. "We're excited for the future of the property with 26th Street Partners, a strong owner that understands Krog's legacy and cultural significance in Atlanta."

Asana Partners completed an extensive redevelopment of the portfolio in 2023, transforming the area into a reimagined, all-day destination. Work included replacing an aging industrial building and gravel parking lot with two new mixed-use buildings and a new parking garage; adding outdoor dining and open space; crafting an intentional merchandise mix catering to locals and visitors; and focusing on connectivity to the Trail to create a walkable environment. Increasing square footage by over 70,000 square feet, the project was designed in partnership with the Inman Park Neighborhood Association and City of Atlanta Urban Design Commission to preserve the historic architecture of the community.

Recent national recognition of The Krog District includes:

  • Krog Street Market/Best Food Hall - Newsweek Readers' Choice Awards, August 2025

  • Krog Street Market/#3 Best Food Hall 2025 - USA Today

  • Superica, Fred's Meat & Bread, Ticonderoga Club - Atlanta Michelin Guide

Eastdil Secured represented Asana Partners in the transaction.

Media Contact:
Julie C. Ducworth
(803) 465-1198
[email protected]

Asana Partners Fund IV LP published this content on October 02, 2025, and is solely responsible for the information contained herein. Distributed via Public Technologies (PUBT), unedited and unaltered, on March 27, 2026 at 09:34 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]