Georgia

Douglasville, Ga. — SRS’ Investment Properties Group has brokered the sale of Douglasville Marketplace, an 86,166-square-foot shopping center located in Douglasville. The seller, a family office out of Dallas, sold the property for $11.6 million to Continental Property Group LLC. Kyle Stonis and Pierce Mayson of SRS represented the seller and the buyer was self-represented in the transaction. Built in 2000 on 9.4 acres, Douglasville Marketplace was fully occupied at the time of sale by tenants including Kaiser Permanente, Ashley Homestore and Best Buy. The property is shadow-anchored by Lowe’s …

Roswell, Ga. — JLL Capital Markets has arranged the $39.1 million sale of King’s Market, a 281,064-square-foot retail center in Roswell, roughly 21 miles outside Atlanta. Jim Hamilton, Brad Buchanan and Andrew Michols of JLL marketed the property on behalf of the seller, The Mimms Family. Brixmor Property Group purchased the center. Anchored by Publix, King’s Market was 75 percent occupied at the time of sale by tenants including Frontgate Furniture Outlet, Sky Zone and TK Volleyball.

Savannah, Ga. — Newmark has arranged the $22.5 million sale of Victory Crossings, a fully-leased, multi-tenant shopping center in Savannah. Mark Joines, Henry Kushner and Drew Fleming of Newmark represented the seller, Morley Investment Group LLC. Situated on approximately 6.9 acres at 1800 E. Victory Drive, Victory Crossings is anchored by Floor & Decor. The center also includes two single tenant outparcel buildings leased to IHOP and Verizon Wireless. Additional major tenants include Orange Theory, Comcast, Hertz, Baldino’s and Benchmark Physical Therapy.

Stone Mountain, Ga. — First National Realty Partners has acquired Crowe’s Crossing, a 93,728-square-foot shopping center in Stone Mountain. The seller and sales price were not disclosed. Located at 1232 South Hairston Road, the property is situated approximately 12 miles east of downtown Atlanta. The shopping center was 97 percent occupied at the time of sale and anchored by a 45,528-square-foot Kroger Supermarket.