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Alpharetta, Ga. — Locally based TSCG has negotiated the $12.9 million sale of The Village at Park Bridge, a 28,701-square-foot strip center located in Alpharetta, roughly 26 miles north of Atlanta. Tenants at the center, which was 96 percent leased at the time of sale, include Starbucks, Jimmy John’s, Crumbl Cookies, Pepperoni’s Tavern, Kin No Tori Ramen Bar and Koi Kaiten Sushi. Originally built 2003, The Village at Park Bridge previously sold for $9.7 million in 2006.
Anthony Blanco of TSCG represented the seller, Birmingham, Alabama-based Fairway Investments, in the transaction. Chicago-based Northpond Partners was the buyer.