Stockbridge, Ga. — Colliers has arranged the sale of Stockbridge Lakes, a 78,605-square-foot grocery-anchored shopping center located in Stockbridge, approximately 20 miles south of Atlanta. A 44,000-square-foot Publix anchors the center, which was 88.4 percent occupied at the time of sale. Other tenants include Burn Boot Camp, Great Clips, East Lake Smiles Pediatric Dentistry, Crystal Nails and Domino’s Pizza. Stockbridge Lakes originally opened in 2002 and was renovated in 2018.
Scott Israel and Brad Peterson of Colliers Atlanta Retail Investment Sales team represented the seller, Harbour Real Estate Partners, in the transaction. A joint venture between ShopOne Centers REIT Inc., Pantheon and an undisclosed global investor purchased the property.