A mixed-use development fronting Brookhaven’s main north-south artery has become a bright spot for retail leasing among new ITP ventures, according to project officials.
Located at 3930 Peachtree Road, the Alta Porter on Peachtree complex has filled all of its retail space with the signing of Sucré, a New Orleans-founded patisserie, to take its final slot at street level, according to Atlanta-based Ackerman and Co. leasing reps.
Wood Partners' Porter on Peachtree includes 17,592 square feet of retail beneath the 291-unit luxury Alta apartments that opened two years ago, situated just north of Buckhead and a mile south of Brookhaven’s MARTA station.
Studio rents at the building’s residential Alta portion start at $1,865 per month for 688 square feet. The largest three-bedroom options (1,566 square feet) top out at $3,215 monthly, according to Apartments.com. Up to four weeks of free rent is being offered as an incentive.
Sucré will occupy a corner space described by Ackerman officials as “prime.” It will operate alongside previously signed tenants C&S Oyster Bar, Egg Harbor Café, Body20, Art of Aesthetics Cosmetic Dentistry, Highland Yoga, and Sugar Polish Nail Bar.
Known for macarons, gelato, and handmade, French-inspired desserts, Sucré currently operates four locations in metro New Orleans and another in Woodstock, in Atlanta’s northwestern suburbs.
Ackerman had also represented the 4.6-acre parcel’s previous landowner, SDS Real Property Holdings, when the land sold for $15.8 million, allowing construction of Porter on Peachtree to begin in 2020.
In a Wednesday leasing announcement, Ackerman reps credited the building’s high-visibility and "proximity to the high-income neighborhoods in Brookhaven and Buckhead” as plusses.
“Porter on Peachtree’s retail and apartments are a great addition to the Brookhaven community,” noted Ackerman retail senior vice president Kelly Wilson.
[CORRECTION: 6:44 p.m., June 24: An earlier version of this story identified Greystar, the project's leasing manager, as the project developer.]
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