Kennesaw, Ga. — InvenTrust Properties Corp. has acquired Kennesaw Marketplace, a 114,000-square-foot retail center in the northwest Atlanta suburb of Kennesaw, for $64.3 million.
Lilburn, Ga. — Sterling Organization has acquired Five Forks Crossing, a 73,910-square-foot shopping center located in Lilburn, 20 miles northeast of Atlanta.
Marietta, Ga. — Marcus & Millichap has arranged the $2.4 million sale of Delk Powers Ferry Place, a strip center in the Atlanta suburb of Marietta.
Westwood Financial Acquires Two Sprouts-Anchored Centers in Metro Atlanta, Phoenix for $66.2 Million
Decatur, Ga. and Chandler, Ariz. — Westwood Financial LLC has acquired two Sprouts-anchored retail centers located in Decatur and Chandler for a combined $66.2 million.
Atlanta — Hines has signed a 21,000-square-foot lease with Forever 21 at Atlantic Station, a mixed-use development in Atlanta.
Acworth, Ga. and Gallatin, Tenn. — Preferred Apartment Communities (PAC) has acquired two grocery-anchored shopping centers totaling 139,000 square feet in Acworth and Gallatin.
Acworth, Ga. — HFF has arranged the sale of Cherokee Commons, a 103,711-square-foot shopping center in Acworth, located 30 miles northwest of Atlanta.
SMYRNA, GA. — Halpern Enterprises Inc. has broken ground on the second phase of The Shops at Belmont, a 47,593-square-foot retail center located in Smyrna, roughly 17 miles northwest of downtown Atlanta.
Sandy Springs, Ga. — Atlanta-based developer Selig Enterprises has unveiled the retail tenant lineup at City Springs, a $229 million mixed-use development in Sandy Springs, located 14 miles north of downtown Atlanta.
Rome, Ga. — Colliers International has brokered the $8.6 million sale of West Town Square, an 84,828-square-foot shopping center in Rome, a city in north Georgia.