AGG Real Estate partner Abe Schear was quoted in an article published on July 1, 2022, by the Atlanta Journal-Constitution titled “Midtown Atlanta’s Iconic Varsity Weighing Redevelopment Options.”
A statement from the owners of the Varsity indicated they are considering “ways to reinvest and expand [their] core business to reach more customers.”
As the property is close to the highway and MARTA, Abe noted the location is perfect as a platform for visibility for passers-by and would be convenient for commuters who could work there.
“It’s the last great parcel in that part of Midtown,” he said, going on to state that he would like to see the Varsity re-imagined. “There is no reason that they can’t keep the Varsity open and redevelop the property.”
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