Atlantic Station is Officially Back, Say Real Estate Observers

The resurgent mixed-use leviathan that is Atlantic Station received some warm glowing praise on a national level last week. Financial website MarketWatch chronicled the rise, fall and "amazing recovery" of the former Midtown brownfield dead zone, where property values have jumped 25 percent in the last five years, foreclosures are "practically non-existent," retail occupancy has climbed to about 92 percent, and the IKEA location "is said to be one of the busiest in the country." MarketWatch attributes Atlantic Station's upswing to the 2010 takeover by North American Properties and CBRE Global, improved economic conditions and, above all, the property's walkability. Absent from that list: piped-in country music.