Newmark Arranges Sale of Madison Yards, a Trophy Mixed-Use Retail Destination Along the Atlanta BeltLine

June 4, 2026 10:00 AM

Newmark announces the Company has arranged the sale of Madison Yards, a premier grocery-anchored, mixed-use retail destination located in Atlanta's highly sought-after Reynoldstown neighborhood.

Newmark Head of Retail Capital Markets Conor Lalor, Senior Managing Director Kyle Minter, Director James Sharpe V and Associate Director Cameron Alexander represented the seller in the transaction.

"Madison Yards represents a rare opportunity to acquire a true neighborhood retail destination at the intersection of daily needs and experiential retail," said Lalor. "The combination of a top-performing grocery anchor, long-duration cash flow and one of Atlanta's most dynamic locations drove significant investor demand."

Delivered in 2018, Madison Yards comprises approximately 162,500 square feet of retail space and is currently 97% leased. The property is anchored by a highly productive Publix, which occupies roughly one-third of the center's gross leasable area. The grocer is complemented by a curated mix of national and local tenants across food and beverage, fitness and entertainment, including one of the highest-performing AMC Theatre locations in Georgia.

Strategically positioned along Memorial Drive and directly adjacent to the Atlanta BeltLine, the property benefits from exceptional visibility, accessibility and foot traffic, with more than 21,000 vehicles per day and over two million annual BeltLine users. The surrounding Reynoldstown submarket is among Atlanta's fastest-growing and most affluent neighborhoods, supported by strong demographic fundamentals and continued residential development.

According to Newmark Research, retail investment and lending activity has accelerated meaningfully as capital markets stabilize, with retail debt origination increasing approximately 53% year-over-year in 2025 and exceeding pre-pandemic averages. Transaction markets have remained robust alongside improving pricing clarity and abundant debt capital, while investor demand has increasingly concentrated on high-quality, necessity-anchored assets with durable cash flow and strong demographic fundamentals.

About Newmark
Newmark Group, Inc. (Nasdaq: NMRK), together with its subsidiaries ("Newmark"), is a world leader in commercial real estate, seamlessly powering every phase of the property life cycle. Newmark's comprehensive suite of services and products is uniquely tailored to each client, from owners to occupiers, investors to founders, and startups to blue-chip companies. Combining the platform's global reach with market intelligence in both established and emerging property markets, Newmark provides superior service to clients across the industry spectrum. For the twelve months ended March 31, 2026, Newmark generated revenues of more than $3.4 billion. As of March 31, 2026, Newmark and its business partners together operated from over 185 offices with more than 9,600 professionals across four continents. To learn more, visit nmrk.com or follow @newmark.

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