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question:Read the passage below and answer the question or follow the instruction: What other cities is Asana Partners currently interested in for investment opportunities? Passage: A North Carolina real estate investor has become one of the largest owners in Dallas' hot Deep Ellum neighborhood. Asana Partners is acquiring more than three dozen buildings and parking lots in Deep Ellum from investor 42 Deep Ellum LP. Starting in 2012, 42 Deep Ellum acquired a portfolio of more than 50 properties in the area just east of downtown. Since then, the Dallas partnership has remodeled and upgraded buildings and signed new leases with retail and restaurant tenants. Investor 42 Deep Ellum sold the buildings and parking lots that it began buying five years ago. 42 Deep Ellum founder Scott Rohrman — who was instrumental in making the once grungy neighborhood a street art paradise — said he will continue to own a significant number of Deep Ellum properties. But selling the majority of his holdings to Asana will enable the redevelopment of the area to continue with new capital. "We have been working with Asana for several months, during which time Asana has demonstrated a sensitivity to Deep Ellum that matches what we have endeavored to implement in the years we have been working with the community," Rohrman said. "It is clear Asana shares our vision. They have the expertise and experience to make Deep Ellum better." Based in Charlotte, Asana specializes in the acquisition, redevelopment and marketing of retail properties in urban locations. The 2-year-old company has a 500 million investment fund to make strategic purchases. "These guys are the only ones solely focused on urban retail," Rohrman said. Asana has properties or is looking for deals in Raleigh-Durham, N.C.; Atlanta; Nashville; Washington, D.C.; and Austin. The Deep Ellum properties that Asana purchased have some of the district's most recognized tenants, including Pecan Lodge, BrainDead Brewing, High & Tight and Dot's Hop House & Cocktail Courtyard. Rohrman said the investment by Asana will enable more upgrades, including common area improvements, upgrades to parking lots and sidewalks, increased lighting and courtesy officers, and an enhanced merchandising mix. 42 Deep Ellum will continue to consult with Asana on the projects, he said. "We will stay active in Deep Ellum with Asana, the Deep Ellum Foundation, and our wonderful friends and neighbors," Rohrman said. "We are still committed to the neighborhood." 42 Deep Ellum was one of the first firms that was not already a player in Deep Ellum to begin making sizable investments in the area. Since then, other developers and investors have taken interest in the popular entertainment and restaurant district. Large numbers of buildings in Deep Ellum are awaiting remodeling. "Not even our investors thought five years was enough time," Rohrman. 42 Deep Ellum worked with Dallas-based Holliday Fenoglio Fowler LP to find a buyer for the properties it sold. Terms of the sale were not disclosed. Rohrman said the company looked at several options before starting negotiations several months ago with Asana. Asana has bought and redeveloped multiple properties in Charlotte's South End neighborhood. And in Nashville, the company earlier this year acquired the Edgehill Village neighborhood retail development near Music Row. In March, Asana purchased Atlanta's landmark Plaza Theatre and the adjoining retail strip for 18 million. Asana was formed in 2015 by former executives of South Carolina-based shopping center company EDENS, one of the country's largest operators and developers of retail projects. Originally a commercial and industrial district on the edge of downtown, Deep Ellum has gone through several revitalizations, starting in the 1980s. The area along Elm, Main, Commerce and Canton streets is attracting new retail, restaurant and apartment development because of its location near the central business district, the booming Baylor Scott & White medical complex and East Dallas. Charlotte-based Asana Partners has purchased more than three dozen Deep Ellum properties, including the building that houses the popular Pecan Lodge restaurant.
answer:According to the passage, what other cities is Asana Partners currently interested in for investment opportunities? Asana Partners is currently interested in Raleigh-Durham, N.C.; Atlanta; Nashville; Washington, D.C.; and Austin for investment opportunities.
question:Can you give me more information about Asana Partners' acquisition of the Deep Ellum properties in Dallas?
answer:According to the passage, Asana Partners purchased more than three dozen buildings and parking lots in Dallas' Deep Ellum neighborhood from investor 42 Deep Ellum LP. This acquisition includes some of the most recognized tenants in the district, such as Pecan Lodge, BrainDead Brewing, High & Tight, and Dot's Hop House & Cocktail Courtyard. Asana specializes in the acquisition, redevelopment, and marketing of retail properties in urban locations and has a 500 million investment fund for strategic purchases. Asana plans to use this capital to continue the redevelopment of Deep Ellum with new upgrades, such as common area improvements, upgrades to parking lots and sidewalks, increased lighting and courtesy officers, and an enhanced merchandising mix. Asana is also interested in other cities for investment opportunities, such as Raleigh-Durham, N.C.; Atlanta; Nashville; Washington, D.C.; and Austin.
question:Can you tell me more about the Deep Ellum neighborhood and its history of redevelopment?
answer:According to the passage, Deep Ellum is a neighborhood in Dallas that has gone through several revitalizations. Originally a commercial and industrial district on the edge of downtown, Deep Ellum started experiencing revitalization in the 1980s, and the area has become an entertainment and restaurant district popular with both locals and visitors. The neighborhood is located near the central business district, the booming Baylor Scott & White medical complex and East Dallas, making it an attractive location for new retail, restaurant, and apartment development. Since 2012, investor 42 Deep Ellum LP has acquired a portfolio of more than 50 properties in the area just east of downtown, remodeled and upgraded buildings, and signed new leases with retail and restaurant tenants. Asana Partners has bought these properties and plans to continue their redevelopment with new upgrades.
question:Can you tell me more about the specific upgrades Asana Partners plans to make in Deep Ellum?
answer:The passage mentions several specific upgrades that Asana Partners plans to make in Deep Ellum. These include common area improvements, upgrades to parking lots and sidewalks, increased lighting, and courtesy officers. The company also plans to enhance the merchandising mix in the neighborhood. These upgrades will likely improve the overall appeal of the area, making it even more attractive to new retail, restaurant, and apartment development. Additionally, the passage states that 42 Deep Ellum will continue to consult with Asana on the projects, and that by enabling more upgrades, Asana's investment will allow the redevelopment of the area to continue with new capital.