MidCity Real Estate Partners

What MidCity Real Estate Partners does

MidCity Real Estate Partners is a private commercial real estate development firm headquartered in Atlanta, Georgia, founded in July 2009 by Kirk Demetrops and Roger White as the successor to The Griffin Company, a 35-year-old full-service Atlanta CRE firm. The company acquires, repositions, and develops office, retail, and mixed-use properties primarily in the Southeast United States, with active acquisition criteria targeting $10M-$100M deals across midsize and major metropolitan areas. MidCity's team operates from a small headcount of 1-10 employees and applies a proprietary "highest and best use" analytical methodology that evaluates financial feasibility, physical possibility, and legal permissibility for property transformations.

The company's offerings span four product lines: ground-up mixed-use town center development under public-private partnerships (e.g., Alpharetta City Center, The Grove at Towne Center), adaptive re-use and creative loft office conversions (e.g., 5616 Peachtree Road), build-to-suit and renovation for corporate headquarters (e.g., FOCUS Brands, DataScan, JAS Worldwide, Winter Construction, Georgia Association of Realtors), and medical office development (Northside Hospital, Thomas Eye Group). Through its affiliate MidCity Realty Corporation, the firm provides advisory services including acquisition/disposition, underwriting, capital formation, zoning, and landlord/tenant representation. Projects are delivered through project-specific teams of architects, contractors, and capital partners, including repeat collaborators such as CASTO, Anchor Capital Partners, and CBRE Global Investors.

Revenue is generated through a combination of principal development and repositioning gains, sales of completed assets to institutional investors (notably the 2019 disposition of Alpharetta City Center to CBRE Global Investors), long-term leases to corporate and healthcare anchor tenants, and brokerage commissions on advisory transactions. Strategic customer segments include corporate/enterprise tenants (primary), municipalities seeking public-private partnerships (primary), healthcare providers (growing), growth-stage professional services firms, and retail/restaurant tenants in mixed-use environments. The firm has won multiple ULI and Atlanta Regional Commission awards for its town center work, including three 2019 recognitions for Alpharetta City Center, lending brand credibility in the public-private development niche.

Name

MidCity Real Estate Partners

Legal name

MidCity Real Estate Partners

Website

https://midcitypartners.com

Company type

Private

Founded year

2009

Operating status

Operating

Headcount range

1–10 employees

Short description

MidCity Real Estate Partners is a private Atlanta-based commercial real estate developer that acquires, repositions, and develops office, retail, and mixed-use properties across the Southeast US, serving corporate tenants, healthcare providers, and municipalities through build-to-suit and public-private town center projects.

Ownership category

akta.pro rank

Product category

Commercial Real Estate Development

NAICS

Offices of Real Estate Agents and Brokers (5312), Real Estate Property Managers (53131), Lessors of Real Estate (5311), Offices of Real Estate Agents and Brokers (531210)

SIC

Real Estate Dealers (For Their Own Account) (6532), Real Estate Agents & Managers (For Others) (6531), Investors, Nec (6799), Real Estate (6500)

akta.pro primary industry

Real Estate Strategy & Portfolio Consulting (Corporate/Institutional) (BPAJANAB)

akta.pro secondary industries

Commercial Real Estate Brokerage (Leasing & Sales) (FSAEAJAB), Real Estate Investment Sales (Income-Producing Properties) (FSAEAJAC), Mixed-Use Property Management (BPAJAGAE)

Keywords

• Commercial real estate development
• Property acquisition services
• Mixed-use development
• Real estate advisory services
• Commercial property redevelopment

Headquarters

HQ city

Atlanta

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Operations, Personnel, Supply Chain, Marketing or Sales, Infrastructure

Revenue model

1. Development and Redevelopment: MidCity generates revenue by acquiring, repositioning, and developing commercial properties. Through their affiliate MidCity Realty Corporation, they also offer advisory services including tenant representation and investment sales.
2. Property Sales: The company buys and sells properties, including having sold the apartments and retail component of Alpharetta City Center to CBRE Global Investors in 2019.
3. Brokerage and Advisory Services: Through MidCity Realty Corporation, an affiliate real estate brokerage company, MidCity offers a full range of advisory services including acquisition/disposition, development, underwriting, sales/marketing, master planning, capital formation, zoning, investment sales, and landlord/tenant representation.

Go-to-market motion1 record

Distribution channels4 records

Marketing channels4 records

Core offering

MidCity Real Estate Partners acquires, repositions, and develops office, retail, and mixed-use commercial properties in the Southeast US, with a concentration in the Atlanta metro area and project values ranging from $10M to $100M+. Through its affiliate MidCity Realty Corporation, the firm also provides real estate brokerage and advisory services including acquisition/disposition, underwriting, capital formation, zoning, master planning, and landlord/tenant representation.

Product overview

MidCity Real Estate Partners is a commercial real estate development firm that acquires, repositions, and develops office, retail, and mixed-use properties in the Southeast region. Through its affiliate MidCity Realty Corporation, the company offers advisory services including acquisition/disposition, development, underwriting, capital formation, and landlord/tenant representation. The company's portfolio spans corporate headquarters build-outs (such as DataScan, FOCUS Brands, Winter Construction), healthcare facility development (Northside Medical, Hammond 400 medical complex), multi-tenant office properties, and large-scale mixed-use town center developments (Alpharetta City Center, The Grove at Towne Center, NorthPlace). Notable current projects include the award-winning NorthPlace mixed-use development featuring a 141-room Aloft Hotel and 102 townhomes, and The Grove at Towne Center, an 18-acre, $100M+ public-private town center in Snellville featuring apartments, retail, dining, a public library, and medical offices.

Differentiator

Problem solved

Functional benefit

Products and services

• Commercial Property Acquisition and Development Core service offering the acquisition, repositioning, redevelopment, and new development of office, retail, and mixed-use commercial properties in the Southeast US (concentrated in the Atlanta metro area), targeting investment properties in the $10M to $100M range.
• MidCity Realty Corporation Brokerage and Advisory Services Affiliate real estate brokerage providing full advisory services including acquisition/disposition, development, underwriting, sales/marketing, master planning, capital formation, zoning, investment sales, and landlord/tenant representation.
• Corporate Headquarters Build-to-Suit Development Build-to-suit and renovation services for corporate headquarters and regional offices, including custom executive interiors, amenity areas, data centers, and training facilities.
• Healthcare and Medical Office Property Development Development and renovation of medical office buildings, surgical centers, urgent care facilities, and healthcare specialty spaces for hospitals, medical groups, and healthcare systems.
• Public-Private Town Center Development Mixed-use town center developments delivered through public-private partnerships with municipalities, combining retail, dining, Class A apartments, office space, civic amenities (libraries, coworking, medical), and structured parking.

Quantifiable outcome

• Alpharetta City Center sold to CBRE Global Investors in 2019
• +2 more outcomes

Named customers11 records

Segments5 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Nine partnerships are on record, tiered core and minor.

• Mid Cast LLCcoreStrategic or Co-development Partner · 1 July 2024Mid Cast LLC partnered with the City of Snellville to design, build and lease the City Market building at The Grove at Towne Center. The two-floor, 24,000-square-foot Market building will include eateries, a coffee shop, small market, event space, and craft beverage options.
• Anchor Capital PartnerscoreStrategic or Co-development Partner · 1 January 2020Anchor Capital Partners is a partner on the 5616 Peachtree Road project in Downtown Chamblee. The partnership delivered a 36,500 SF fully renovated adaptive re-use/creative loft office building in 2020.
• Fowler Design AssociatesminorImplementation/ SI/ Consulting Partner · 1 January 2020Fowler Design Associates is a long-time partner of MidCity, working on projects such as 5616 Peachtree Road. MidCity typically assembles different project teams for each development.
• CASTOcoreStrategic or Co-development Partner · 1 August 2019CASTO, a more than 90-year-old real estate company based in Columbus, Ohio, partnered with MidCity Real Estate Partners as joint venture lead for The Grove at Towne Center in Snellville, GA. CASTO specializes in merging retail/office with residential and leads efforts to merchandise retail tenants for the mixed-use town center project.
• Wood PartnersminorStrategic or Co-development Partner · 1 March 2015Wood Partners developed the Windsor at Glenridge, a 168-unit luxury apartment complex adjacent to MidCity Plaza, creating a mixed-use environment at I-285 and GA 400.
• Morris & FellowscoreStrategic or Co-development Partner · 1 January 2015Morris & Fellows partnered with MidCity Real Estate Partners to lead development of Alpharetta City Center. Together with South City Partners and Hedgewood Homes, the team developed the $100 million mixed-use town center project.
• South City PartnerscoreStrategic or Co-development Partner · 1 January 2015South City Partners was part of the development team for Alpharetta City Center, collaborating with MidCity Real Estate Partners, Morris & Fellows, and Hedgewood Homes.
• Hedgewood HomescoreStrategic or Co-development Partner · 1 January 2015Hedgewood Homes partnered with MidCity Real Estate Partners on Alpharetta City Center, contributing residential development expertise to the mixed-use town center project.
• Cousins Properties Inc.minorOthers · 1 June 2013MidCity acquired five buildings on 8.5 acres from Cousins Properties Inc. at GA 400 and Hammond Drive in October 2012, forming the Hammond 400 project.

Scale indicators9 records

Recent moves7 records

Expansion highlights5 records

Broad incumbents

• Cousins Properties: Atlanta-based publicly traded REIT focused on Class A office towers in the Sun Belt, including the Perimeter submarket where MidCity is active. Counterparty on MidCity's Hammond 400 acquisition; comparable in geography and office product.
• Ackerman & Co: Atlanta-based full-service commercial real estate investment and management firm covering office, industrial, medical, and retail. MidCity's Director of Accounting John Micha previously served as VP of Finance there; comparable in product breadth and Atlanta focus.

Regional players

• Wood Partners: National multifamily developer with significant Atlanta presence; developed the 168-unit Windsor at Glenridge adjacent to MidCity Plaza. Comparable as a JV partner on MidCity's mixed-use projects and as a multifamily/mixed-use peer.
• Sovereign Properties: Southeast-focused retail and mixed-use real estate investment firm. Comparable as a peer focused on retail-anchored mixed-use projects in the same Southeast geography.

Direct peers

• Pope & Land Enterprises: Atlanta-based commercial real estate developer and investor active in office, industrial, and mixed-use across the Southeast. Comparable in geography, asset class mix, and developer/investor profile.
• CASTO: 90+ year-old Columbus, Ohio-based real estate firm specializing in mixed-use town centers. Joint venture partner with MidCity on The Grove at Towne Center; highly comparable in product type, target asset class, and mixed-use/retail-led development model.
• TPA Group: Atlanta-based real estate investment and development firm focused on mixed-use, retail, and office projects in the Southeast. Comparable in scale, product type, and Southeast geographic focus.
• Branch Properties: Atlanta-based mixed-use real estate investment and development firm focused on retail-anchored and town center projects in the Southeast. Highly comparable in scale, geography, and mixed-use product type.
• Novare Group: Atlanta-based real estate development firm with high-rise and mixed-use projects, including intown Atlanta residential towers. Comparable as a Southeast-focused mid-sized developer with similar mixed-use orientation.
• North American Properties: Atlanta-based mixed-use developer with a portfolio of town center and lifestyle retail-residential projects across the Southeast. Comparable in product mix (mixed-use town centers), geography, and tenant-driven development approach.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat3 records

Key risks6 records

Key highlights6 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about MidCity Real Estate Partners