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City of Atlanta buying downtown apartment community by City Hall

The city of Atlanta is buying a 264-unit apartment community across the street from City Hall.

The city will acquire City Plaza at 133 Trinity Avenue S.W., according to a notice on the city’s website. The complex is owned by Atlanta-based apartment management company JMG Realty Inc.

City Plaza contains 69 one-bedroom apartments and 95 two-bedroom units. It also has 29,000 square feet of ground-level retail.

Details about the price the city will pay and why it’s buying the complex were not immediately…
Source: bizjournals.com

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