Investment sales

Lithia Springs, Ga. — Columbia Properties has acquired Village at Westfork, a 75,947-square-foot, grocery-anchored shopping center located in Lithia Springs, roughly 20 miles west of downtown Atlanta, for $14.2 million. Built in 1994, Village at Westfork comprises 12 tenant suites and was fully leased at the time of sale. A 54,322-square-foot Kroger anchors the property, which also houses JPMorgan Chase, The UPS Store, H&R Block and Cricket Wireless. Jim Hamilton, Brad Buchanan, Andrew Kahn and Charlie Merrigan of JLL represented the seller, KPR Centers, in the transaction.

Griffin, Ga. — Matthews has arranged the sale of Spalding Village, a 222,017-square-foot neighborhood shopping center located in Griffin, roughly 40 miles south of Atlanta. The property was fully leased at the time of sale to tenants including Hobby Lobby, Ross Dress for Less, Goodwill and Ollie’s Bargain Outlet. Kyle Stonis, Pierce Mayson and Boris Shilkrot of Matthews represented the seller, Big V Property Growth, in the disposition of the property to Aggarwal Real Estate.