Asana drops another $2.7M on Tennyson Street retail real estate

1.6D Asana

The 3955 Tennyson St. building is home to CorePower Yoga. (Thomas Gounley photo)

Asana Partners is continuing its slow spread along Tennyson Street.

The Charlotte-based company, which in December paid $92 million for Larimer Square, last week made its fifth purchase along the Berkeley retail corridor.

The latest deal, Asana’s first along Tennyson since March, saw the company pay $2.66 million for 3955 Tennyson St.

The single-story building is home to CorePower Yoga, which opened in late 2019.

The building was sold by The Vitality Center LLC, an entity affiliated with a previous tenant — Vital Yoga. It purchased the property in December 2010 for $405,000, according to public records.

Asana, which did not respond to a request for comment on Tuesday, has now paid $9.54 million for Tennyson real estate in 18 months. Here are the previous deals:

June 2019: Purchased 4000 Tennyson St. for $1.8 million

September 2019: Purchased 3926-3930 Tennyson St. for $1.74 million

October 2019: Purchased 3971-3973 Tennyson St. for $2.04 million

March 2020: Purchased 3963 Tennyson St. for $1.3 million

JLL brokers Sam Zaitz, Jeff Feldman and Lorenzo Harris represented Asana in the purchase.

 

1.6D Asana

The 3955 Tennyson St. building is home to CorePower Yoga. (Thomas Gounley photo)

The company upped its local profile last month when it purchased Larimer Square and now it has added the building home to CorePower Yoga to its portfolio.

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