Loudermilk Sells Portion of Buckhead Village

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Another piece of Buckhead Village has been sold. The Hanover Company finalized a deal to purchase a 1-acre portion of Buckhead Village next to the Buckhead Theatre. Although Hanover’s plan have yet to go before the Buckhead Development Review Committee, they are expected to multi-family units with retail below. Buckhead Village land has become a hot commodity as its new anchor project, Buckhead Atlanta, draws closer to opening.

This announcement comes just weeks after SC-based Edens purchased the 2.6-acre entertainment and shopping portion of Buckhead Village (Andrews Square) for about $7.3 million an acre. Edens has had its eye on Buckhead Village for quite some time; in 2012, Edens purchased Buckhead Market Place.

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