Lithia Springs, Ga. — Columbia Properties has acquired Village at Westfork, a 75,947-square-foot, grocery-anchored shopping center located in Lithia Springs, roughly 20 miles west of downtown Atlanta. Built in 1994, Village at Westfork comprises 12 tenant suites and was fully leased at the time of sale. A 54,322-square-foot Kroger anchors the property, which also houses JPMorgan Chase, The UPS Store, H&R Block and Cricket Wireless. Jim Hamilton, Brad Buchanan, Andrew Kahn and Charlie Merrigan of JLL represented the seller, KPR Centers, in the transaction.
Georgia
Griffin, Ga. — Matthews has arranged the sale of Spalding Village, a 222,017-square-foot neighborhood shopping center located in Griffin, roughly 40 miles south of Atlanta. The property was fully leased at the time of sale to tenants including Hobby Lobby, Ross Dress for Less, Goodwill and Ollie’s Bargain Outlet. Kyle Stonis, Pierce Mayson and Boris Shilkrot of Matthews represented the seller, Big V Property Growth, in the disposition of the property to Aggarwal Real Estate.
Hanley Investment Group Brokers Sale of Publix-Anchored Shopping Center in Metro Atlanta for $26.9 Million
Sharpsburg, Ga. — Hanley Investment Group Real Estate Advisors has brokered the $26.9 million sale of Fischer Marketplace, a newly constructed, 70,134-square-foot Publix-anchored shopping center in Sharpsburg, approximately 38 miles southwest of Atlanta. Additional tenants at the property, which was fully occupied at the time of sale, include Jersey Mike’s, Dave’s Hot Chicken, Nothing Bundt Cakes and Great Clips. The sale also features three outparcels leased to Gusto!, Heartland Dental and Andy’s Frozen Custard. Publix occupies approximately 69 percent of the property on a long-term lease. Kevin Fryman and Ed Hanley …
Roswell, Ga. — The Atlantic Cos. has received approval from the City of Roswell to build Hillrose Market, a mixed-use development in the northern Atlanta suburb of Roswell. Adjacent to City Hall with a walkable trail connection to the Canton Street Historic District, Hillrose Market will transform a 7-acre site fronting Hill Street between Atlanta and Ellis streets. Plans call for a six-building, 75,000-square-foot retail village; an office building; the adaptive reuse of the former Roswell Police Department into a mixed-use hub with ground-floor retail space and second-floor workspace; 143 luxury …
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 …
Cumming, Ga. — JLL has signed four new tenants to join The Collection at Forsyth, a 565,000-square-foot open-air mixed-use lifestyle center located in Cumming. Build-A-Bear Workshop is already open at the property, while Rocket Fizz Soda Pop & Candy Shop are set to open by Halloween. Pickleball membership club The Picklr is scheduled to open in November. Meanwhile, children’s interactive play concept Giggle Town recently signed a 7,118-square-foot lease to open its own space at the center. Existing tenant Dermani Medspa has relocated to a larger 3,142-square-foot space at the center …
Stockbridge, Ga. — A joint venture between ShopOne Centers REIT Inc., Pantheon and an undisclosed global institutional investor have purchased Stockbridge Lakes, a 78,605-square-foot shopping center located in Stockbridge, roughly 20 miles southeast of Atlanta. The seller and sales price were not disclosed, but the Atlanta Business Chronicle reports Marietta, Georgia-based Retail Planning Corp. was the seller. Publix anchors the shopping center, which also houses Burn Boot Camp, Great Clips, Dr. Brown Pediatric Dentistry and Domino’s Pizza. Stockbridge Lakes has approximately 9,000 square feet of available space.
Grayson, Ga. — West Palm Beach, Florida-based FrostPoint Capital has acquired Olde Towne Grayson, a 13,896-square-foot retail strip center in Grayson, a northeast suburb of Atlanta in Gwinnett County. The property, which FrostPoint is rebranding as Grayson Square, was fully leased at the time of sale to tenants including AutoZone, Lendmark Financial, Little Caesars Pizza, JB’s Barbershop and Katie’s Sports Bar & Grill. Marc Irvin and Matthew Welch of Marcus & Millichap brokered the transaction. The seller and sales price were not disclosed.
Connolly Underway on 118,000-Square-Foot Woodstock Mill District Shopping Center in Metro Atlanta
Woodstock, Ga. — Atlanta-based real estate developer and investor Connolly has begun construction on Woodstock Mill District, a 118,000-square-foot retail property located in the Atlanta suburb of Woodstock. The property is scheduled to open in phases throughout the second half of 2026. Woodstock Mill District will comprise 90,000 square feet of new retail space, including a 46,791-square-foot Publix Super Market that will serve as the anchor tenant. Additionally, the development will include six freestanding buildings ranging in size from 3,500 square feet to 13,750 square feet. Towne Lake Plaza, an …
Atlanta — Locally based 26th Street Partners has acquired Krog Street Market, a 30,000-square-foot adaptive reuse food hall and market in Atlanta’s Inman Park neighborhood, according to the Atlanta Business Chronicle. Charlotte-based Asana Partners sold the property, along with the adjacent Atlanta Stove Works, SPX Alley and Butler and Gravel buildings. The sales price was not reported, but Asana purchased the Krog District buildings in 2018 for $45.8 million. Paces Properties originally redeveloped the 1920s-era warehouse, which was also formerly used as the home of Tyler Perry Studios, into Krog Street …