Georgia

Atlanta — Newmark has negotiated the sale of Madison Yards, a 162,500-square-foot neighborhood center located in Atlanta’s Reynoldstown neighborhood. Delivered in 2018, Madison Yards is anchored by Publix and was 97 percent leased at the time of sale. Other tenants include a mix of national and local tenants across food and beverage, fitness and entertainment, as well as one of the highest-performing AMC Theatre locations in Georgia, according to Newmark. Conor Lalor, Kyle Minter, James Sharpe and Cameron Alexander of Newmark represented the seller in the transaction.

Chamblee, Ga. — JLL Capital Markets has negotiated the sale of Peachtree Station, a 106,388-square-foot shopping center located in Chamblee, a northeast suburb of Atlanta. Jim Hamilton, Brad Buchanan, Andrew Kahn, Andrew Michols, Charlie Merrigan, Anton Serafini and John Perry Hilton of JLL represented the seller, Chicago-based Harrison Street Asset Management, in the transaction. Boston-based TA Realty was the buyer. A 45,136-square-foot Whole Foods Market anchors Peachtree Station, which was fully leased at the time of sale. Additional tenants at the property include Starbucks Coffee, Chipotle Mexican Grill, Cava, Verizon Wireless …

Cedartown, Ga. — Atlanta-based Delza Properties and CedarPlaza Partners have acquired Cedar Plaza, an 83,300-square-foot retail center located in Cedartown, approximately 55 miles west of Atlanta, for $10.3 million. Situated at 720-730 N. Main St., Cedar Plaza is anchored by Kroger. Additional tenants include Planet Fitness, Aaron’s, Nation Nails, The Border Mexican Restaurant and Neighbor’s Pack & Ship. The new owners plan to enhance the property with the potential addition of a drive-thru quick-service restaurant, along with complementary inline retail, medical and restaurant space. Mark Joines and Drew Fleming of …