Winder, Ga. — Colliers has arranged the $15.8 million sale of Winder Corners, a 164,592-square-foot shopping center located in Winder. Built in 1994, the property is situated on 24.5 acres. Publix anchors the center, which was 95.2 percent leased at the time of sale. Additional tenants include Beall’s Outlet, Roses Express, Anytime Fitness, Cato Fashions, GNC and Shoe Show. Scott Israel and Joe Montgomery represented the seller, Winder Corners Associates L.P., a subsidiary of First Colony Financial Corp., in the transaction. The buyer was Atlanta-based Mosaic Real Estate.
Georgia
Marietta, Ga. — Three new tenants have signed leases to join The Avenue West Cobb, a shopping center located in Marietta, roughly 20 miles northwest of downtown Atlanta. BLENDED Smoothie & Juice Bar will open a 1,200-square-foot store in May, while BODYBAR Pilates will follow with a 2,188-square-foot studio in June. Hammer & Nails is scheduled to open an 1,868-square-foot space in August. Additional tenants at the property include J. Jill, Le’Zia, Hey Linda’s and Mud Creek Market. JLL is the property manager for The Avenue West Cobb.
Alpharetta, Ga. — Lincoln Property Co. is underway with development of The Shoppes at The Gathering, a new 43,700-square-foot retail center in the northern Atlanta suburb of Alpharetta. The property will anchor The Gathering-Alpharetta, a mixed-use development situated within a mile of downtown Alpharetta. Site construction for the project has begun and vertical construction is scheduled to begin in the fall. Upon completion in fall 2026, The Shoppes at The Gathering will include seven buildings ranging in size from 4,225 to 8,400 square feet that can accommodate single or multiple …
Atlanta — Marcus & Millichap has arranged the $9 million sale of Red Oak Village, a 75,011-square-foot multi-tenant retail center located in Atlanta. Situated roughly five miles from Hartsfield-Jackson Atlanta International Airport, the four-building property spans 9.9 acres. The center is leased to 22 tenants including Family Dollar, Wayfield Foods, T-Mobile and the U.S. Postal Service. Salim Valiani and Alex Goodale of Marcus & Millichap’s Orlando office marketed the property on behalf of the seller, Y & H Property Inc., and procured the 1031-exchange buyer, BJ & Properties LLC, in …
Georgia and Alabama — Secure Properties has acquired a 12-property portfolio of Burger King-occupied restaurants across Georgia and Alabama for $20 million. The properties are leased to four tenants — including three franchisees and Burger King Corp., which operates four of the properties. Each of the properties is occupied on a long-term, triple-net-lease basis.
Douglasville, Ga. — TSCG has brokered the sale of Douglasville Day Centre, a 25,300-square-foot shopping center located in the Atlanta suburb of Douglasville. The center — which was originally built in 2005 — was fully leased at the time of sale. Tenants at the property include Starbucks Coffee, Verizon Wireless, Orangetheory Fitness, Tropical Smoothie Café and Shane’s Rib Shack. The center also features four separate outparcels — McDonald’s, Panda Express, Texas Roadhouse and Carrabba’s Italian Grill — that were not included in the sale. Anthony Blanco, Mallory Silva and Serge …
McDonough, Ga. — Halpern Enterprises has completed a 6,486-square-foot, multi-tenant retail strip center located in the southern Atlanta suburb of McDonough. The three-tenant property is part of the 20-acre North McDonough Village mixed-use development. The property includes a 2,486-square-foot Starbucks Coffee with a drive-thru and a 2,000-square-foot dental office, with the remaining 2,000 square feet available for lease. The Starbucks recently opened with a 10-year lease. Brad Oppenheimer led the project on behalf of Halpern Enterprises and secured the lease with Starbucks. Palmer Bayless of Emerge Real Estate Services represented …
Atlanta — RCG Ventures (RCG) has acquired the first phase of a $1.8 billion multi-tenant retail portfolio from Global Net Lease, Inc (GNL). The first phase, which comprises 59 properties, was purchased for $1.1 billion. Truist Bank and Key Bank provided a new loan facility for the transaction, while Ares Management Alternative Credit, Koch Real Estate Investments and Goldman Sachs Alternatives provided equity investments. RCG expects to complete the sale of the remaining 41 properties in two additional phases by the end of the second quarter of 2025. McGuireWoods LLP …
Cushman & Wakefield Arranges Sale of 146,544-Square-Foot Shopping Center in Cornelia, Georgia
Cornelia, Ga. — Cushman & Wakefield has arranged the sale of Habersham Village, a 146,544-square-foot shopping center located in Cornelia. Morrison Group acquired the property for an undisclosed price. The property was recently redeveloped to accommodate four anchor tenants including T.J. Maxx, Michaels, Planet Fitness and Bealls. Margaret Jones and Lane Breedlove of Cushman & Wakefield represented the seller, an affiliate of Atlanta-based Vanguard Associates, Inc., in the transaction.
Atlanta — Online retailer Wayfair will open a 150,000-square-foot store in Atlanta. Located within The District at Howell Mill, the Atlanta store will mark Wayfair’s second large-format location — as well as its second physical retail store overall — following its first in Wilmette, Illinois, which opened in May 2024. Fraser Gough and Benton Green of Retail Planning Corp. led lease negotiations in the transaction. JLL Income Property Trust, a division of LaSalle Investment Management, and Atlanta-based Selig Enterprises, own the property.