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Publix
DevelopmentGeorgiaGrocery-anchoredNews

Publix to Occupy 42,514 Square Feet at Mixed-Use Project in Atlanta’s West Midtown

by Julia Sanders

Atlanta — Publix will occupy a 42,514-square-foot space within the second phase of The Interlock, a mixed-use development underway at the intersection of Ethel Street and Northside Drive in Atlanta’s West Midtown district. Demolition for the site will begin in May and vertical construction is expected to begin during fall 2022. S.J. Collins Enterprises is the landlord. Phase I of The Interlock is a nine-acre, mixed-use property located at 1115 Howell Mill Road N.W. The development includes 200,000 square feet of office space; 105,000 square feet of retail and restaurant …

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Lenox Marketplace
GeorgiaInvestment salesNews

Selig Enterprises, Pension Fund Acquire 421,000-Square-Foot Lenox Marketplace in Atlanta’s Buckhead District

by Julia Sanders

Atlanta — Atlanta-based Selig Enterprises and State Teachers Retirement System of Ohio have acquired Lenox Marketplace, a 421,000-square-foot retail center in Atlanta’s Buckhead district. Selig will oversee leasing at the center and will serve as the asset and property manager. The seller and sales price were not disclosed. Located at the intersection of Peachtree and Wieuca roads and across the street from Phipps Plaza, Lenox Marketplace spans 9.4 acres with a mix of retail and dining options. The multi-level retail center is anchored by Publix, Target, Dick’s Sporting Goods and …

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Highside Market
DevelopmentGeorgiaNews

Cotton Cos. to Open 55,000-Square-Foot Highside Market in Columbus, Georgia

by Julia Sanders

Columbus, Ga. — The Cotton Cos. is bringing Highside Market, an urban infill and adaptive reuse mixed-use development, to Columbus. The first phase of the development is expected for completion in September, and Cotton Cos. plans to fully open the project by the third quarter of 2022. Located at the intersection of 13th Street and 2nd Avenue, Highside Market will feature four retail, dining, work and gathering spaces. The mixed-use development will also include full-service, dine-in and fast-casual restaurants; 20,000 square feet of retail space; 10,300 square feet of office …

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Kroger
GeorgiaGrocery-anchoredInvestment salesNews

Institutional Property Advisors Brokers $12.7 Million Sale of Kroger-Anchored Shopping Center in Metro Atlanta

by Julia Sanders

Conyers, Ga. — Institutional Property Advisors (IPA), a division of Marcus & Millichap, has brokered the $12.7 million sale of Conyers Square, a 90,218-square-foot, Kroger-anchored shopping center in Conyers. Zach Taylor and Don McMinn of IPA’s Taylor McMinn Retail Group represented the seller, Sansome LLC, and procured the buyer, Forge Capital Partners. Conyers Square was constructed on 11 acres in 1985. Additional tenants include Sunny’s Beauty Supply, Sapphire Nails, Lendmark Financial and H&R Block.

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The Grove at Towne Center
DevelopmentGeorgiaNews

Joint Venture Breaks Ground on The Grove at Towne Center in Metro Atlanta

by Julia Sanders

Snellville, Ga. — A joint venture between the City of Snellville, CASTO and MidCity has broken ground on The Grove at Towne Center, an 18-acre mixed-use project located 30 miles outside Atlanta. The $85 million first phase of development will include over 50,000 square feet of retail, restaurant, office and entertainment space alongside 262 multifamily units. In addition, Elizabeth Williams Library will be constructed, which is set to include a second-floor business development and accelerator space.

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DevelopmentGeorgiaInvestment salesNews

Hallmark Venture Group Acquires 1.2-Million-Square-Foot Mall at Stonecrest in Metro Atlanta, Plans Mixed-Use Campus

by Julia Sanders

Stonecrest, Ga. — Hallmark Venture Group Inc. has acquired The Mall at Stonecrest, a 1.2 million-square-foot regional mall in metro Atlanta. The seller and sales price were not disclosed, but The Atlanta Journal-Constitution reports that the mall was last appraised at $84 million. Hallmark Venture is planning to transform the 29-acre mall site into a mixed-use destination that will include apartments, a sports and entertainment complex, cosmetic superstore, aquarium, medical offices, transportation facilities and restaurants. A construction timeline for the redevelopment was not announced. The Mall at Stonecrest is home …

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Whole-Foods-Savannah
GeorgiaInvestment salesNews

Rothenberg-Rosenfield Acquires Whole Foods-Anchored Shopping Center in Savannah for $24.7 Million

by Katie Sloan

Savannah, Ga. — Rothenberg-Rosenfield Inc. (RRI) has acquired Victory Station, a 64,164-square foot, Whole Foods-anchored shopping center situated at the corner of Harry S. Truman Parkway and Victory Drive in Savannah. RRI purchased the property from Clarion Partners for $24.7 million. Jim Hamilton and Brad Buchanan of JLL Capital Markets represented the seller.  Built in 2013, Victory Station is currently 96 percent leased with only one available space. The Whole Foods Market is the retailer’s only location in Savannah and one of only two specialty grocery stores in the entire …

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Perimeter-Marketplace-Shopping-Center_Dunwoody
DevelopmentGeorgiaLeasingNews

Branch Properties Signs New Retailers to Join Perimeter Marketplace in Dunwoody, Georgia

by Katie Sloan

Dunwoody, Ga. — Branch Properties has signed several new restaurants and healthcare tenants at Perimeter Marketplace in Dunwoody. The upcoming Publix-anchored development, located on Ashford-Dunwoody Road, is expected to open this October. The new tenants at Perimeter Marketplace will include burger chain BurgerFi, salad restaurant chain Chop’t, Panda Express, Aspen Dental, One Medical and First Watch, a daytime café. Perimeter Marketplace will also include a QuikTrip gas station. Upon completion, Perimeter Marketplace will feature 68,077 square feet of retail and restaurant space. In the summer of 2020, Publix signed on to occupy a 25,147-square-foot …

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Company newsGeorgiaNews

Chicken Salad Chick to Relocate Corporate Headquarters to Atlanta

by Katie Sloan

Atlanta — Chicken Salad Chick, a Southern-inspired, fast-casual chicken salad restaurant chain, will relocate its headquarters from Auburn, Alabama, to Atlanta. The move is slated to take place during the first quarter. Chicken Salad Chick’s new office will be located in the city’s Vinings district at the Overlook II building, which is situated at 2839 Paces Ferry Road in Atlanta. The company’s new office is 21 miles north of the Hartsfield-Jackson Atlanta International Airport. Scott Deviney, president and CEO of Chicken Salad Chick, says the company’s decision to move to Atlanta is …

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GeorgiaInvestment salesNews

Franklin Street Brokers $19.3 Million Sale of Kroger-Anchored Center in Suburban Atlanta

by Katie Sloan

Lawrenceville, Ga. — Franklin Street has brokered the $19.3 million sale of River Exchange, a 263,651-square-foot shopping center located in the Atlanta suburb of Lawrenceville. River Exchange is anchored by Kroger and home to tenants including Goodwill, Farmers Home Furniture, Metro by T-Mobile, Citi Trends, Habitat for Humanity ReStore, Hertz, Cato and One Main Financial. John Tennant and Bryan Belk of Franklin Street represented the seller, Monarch Investments, in the disposition of the property to America’s Realty, LLC.

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