Alpharetta, Ga. — PGIM Real Estate has acquired Avalon, a 1.1 million-square-foot mixed-use lifestyle center in the Atlanta suburb of Alpharetta.
Fayetteville, Ga. — A development team comprising Chick-fil-A CEO and Fayette County resident Dan Cathy and Jim Pace of Pace Lynch Corp. has revealed plans for a new master-planned development located adjacent to Pinewood Atlanta Studios, a major movie studio spanning 700 acres and 12 sound stages.
Cumming, Ga. — Preferred Apartment Communities Inc. (PAC) has purchased Lakeland Plaza, a 301,711-square-foot shopping center located at the intersection of Georgia 400 and Highway 20 in Cumming.
Atlanta — Newk’s Eatery, a Jackson, Mississippi-based fast casual restaurant chain, has signed a new development agreement with franchisee C^2 Investment Partners LLC for six new locations in the Atlanta area.
Snellville, Ga. — Publix Super Markets Inc. has purchased Publix at Centerville, a 68,752-square-foot shopping center located in Snellville, a suburb of Atlanta.
Memphis, Tenn. — Memphis-based Poag Shopping Centers will manage four outdoor lifestyle centers located in Georgia and Florida.
Marietta, Ga. — Franklin Street has arranged the $7 million sale of Whitlock Village, a 61,180-square-foot shopping center located in Marietta.
Atlanta — The Atlanta Braves and development partner Fuqua Development have revealed eight new retail, dining and entertainment concepts coming to The Battery Atlanta, a 1.5 million-square-foot mixed-use development surrounding SunTrust Park.
Atlanta — Atlanta-based Preferred Apartment Communities Inc. has acquired a six-property, grocery-anchored retail portfolio through its retail subsidiary New Market Properties LLC.
Savannah, Ga. — The Southeastern Investment Sales Team has arranged the $49 million sale of Market Walk, a 255,000-square-foot shopping center in Savannah.