Georgia

Northside Plaza

Dalton, Ga. — Matthews Real Estate Investment Services has facilitated the sale of Northside Plaza, a 73,931-square-foot retail center located in Dalton, roughly 30 miles south of Chattanooga, Tennessee. America’s Thrift Stores and Dollar Tree anchor the property, which was 92 percent leased at the time of sale. Other tenants include Subway, Jackson Hewitt Tax Service, PT Solutions, Little Caesars and an outparcel occupied by a freestanding Chick-fil-A. Kyle Stonis, Pierce Mayson and Boris Shilkrot of Matthews brokered the transaction. A Texas-based family office purchased Northside Plaza for an undisclosed …

0 FacebookTwitterLinkedinEmail
The Shops at Butler Crossing

Kennesaw, Ga. — Phillips Edison & Co. has acquired The Shops at Butler Crossing, a 56,934-square-foot shopping center located in the Atlanta suburb of Kennesaw, for $13.9 million. Tenants at the center, which was 94 percent leased at the time of sale, include Planet Fitness, Advance Auto Parts, Buffalo’s American Grille, Sola Salon Studios, Jersey Mike’s and Dunkin’ Donuts. The property was originally built in 1997 and sits on 6.7 acres, according to LoopNet. Brad Buchanan, Jim Hamilton, Andrew Kahn and Anton Serafini of JLL’s Investment Sales and Advisory team …

0 FacebookTwitterLinkedinEmail
Sugarloaf Village

Lawrenceville, Ga. — North Carolina-based Prudent Growth Partners has acquired Sugarloaf Village, a 32,000-square-foot shopping center located in Lawrenceville, for $7.3 million. Situated approximately 30 miles northeast of downtown Atlanta, the property was originally built in 2008 and features a mix of 17 tenants including lifestyle retailers and service providers. Other nearby retailers include AT&T, Starbucks Coffee, Publix, Target, Marshalls, ALDI, Home Depot, PetSmart, Hobby Lobby and Panera Bread.

0 FacebookTwitterLinkedinEmail
Sandy Plains Village

Roswell, Ga. — Matthews Real Estate Investment Services has facilitated the $25 million sale of Sandy Plains Village, a 174,175-square-foot community retail center located in the Atlanta suburb of Roswell. Positioned along the Ga. Highway 92 corridor, Sandy Plains Village comprises two single-story, multi-tenant retail buildings, as well as three single-tenant outparcels that house Lucia’s Italian, Dunkin’ and The Flippin’ Chicken. The property also features an 18,625-square-foot mixed-use strip complex named Sandy Plains Village II. Painted Tree Boutiques, Movie Tavern and Dollar Tree anchor the property. Approximately 15,000 square feet …

0 FacebookTwitterLinkedinEmail
Palm Beach Promenade

West Palm Beach, Fla. and Buford, Ga. — Northbrook, Illinois-based Pine Tree has been selected to provide management services for two shopping centers owned by Invesco, which total 700,000 square feet. The properties include the Palm Beach Promenade in West Palm Beach, Florida, and Georgia Crossing in Buford, Georgia. Pine Tree’s Southeast management portfolio now totals 3.8 million square feet. The 300,000-square-foot Palm Beach Promenade is anchored by Whole Foods Market and features a mix of more than 100 tenants including Ross Dress For Less, TJ Maxx, Marshalls, HomeGoods and …

0 FacebookTwitterLinkedinEmail
Georgia Crossing

Buford, Ga. — Invesco Real Estate has acquired Georgia Crossing, a 317,201-square-foot power center located in Buford, roughly 38 miles north of Atlanta, for $82 million. Situated across from the 1.7 million-square-foot Mall of Georgia, Georgia Crossing was fully leased to a mix of tenants including TJ Maxx/HomeGoods, Nordstrom Rack, Best Buy, Hobby Lobby, Staples, Cavender’s Boot City and Ulta Beauty at the time of sale. Jim Hamilton, Brad Buchanan and Andrew Kahn of JLL’s Investment Sales and Advisory team represented the seller, Washington Prime Group, in the transaction.

0 FacebookTwitterLinkedinEmail
The Pavilion at Southlake

Morrow, Ga. — Marcus & Millichap has negotiated the $5.5 million sale of the Pavilion at Southlake, a 65,267-square-foot retail center located in the Atlanta suburb of Morrow. Situated at 1331-1389 Mt. Zion Rd., the property sits directly across from Southlake Mall and adjacent from a $117 million convocation center currently under development. The center — which comprises 13 buildings — was 92 percent leased at the time of sale. Tenants include Humana, H&R Block, LensCrafters and Bank of America. Eric Abbott and Zach Taylor of Marcus & Millichap’s Atlanta office …

0 FacebookTwitterLinkedinEmail
Manchester Square

Columbus, Ga. — Legacy Realty Group has arranged the sale of Manchester Square, a 174,459-square-foot shopping center located in Columbus. Situated at the intersection of Woodruff Farm and Milgen roads, Food Depot anchors the property. Other tenants include Ollie’s Bargain Hunt, O’Reilly Auto Parts, Planet Fitness, Subway, T-Mobile, H&R Block, Unlimited Wireless, Peluso’s Italian Restaurant and Rainbow Fashions. Built in 1988, the property sits on 22 acres. Jacob Baruch, Jonah Warshaw and Daniel Baruch of Legacy Realty Group Advisors represented both the buyer and seller, Arkansas-based CORE Equity Partners, in …

0 FacebookTwitterLinkedinEmail
Trilith Live

Fayetteville, Ga. — Trilith Development plans to soon complete Trilith Live, a 530,000-square-foot live entertainment complex at the Town at Trilith, a 235-acre master-planned community in Fayetteville within south metro Atlanta. Designed to host concerts, performing arts, rehearsals, live audience productions, conventions, corporate events and banquets, Trilith Live is scheduled to open to the public by the end of the year. The project will include a 2,200-seat theater, two 25,000-square-foot sound stages (now open), multiple insert stages, a luxury cinema, production suites, meeting rooms and more than 120,000 square feet …

0 FacebookTwitterLinkedinEmail
Woodmont Village

Canton, Ga. — Matthews Real Estate Investment Services has negotiated the sale of Woodmont Village, an 85,639-square-foot shopping center located in Canton, approximately 40 miles north of Atlanta. Kroger anchors the center, which was 75 percent leased at the time of sale. Other tenants at the property include The UPS Store, Anytime Fitness, Pizza Hut, Ace Hardware, Advance Auto Parts, Fabricare Cleaners and Las Palmas Mexican restaurant. Kyle Stonis, Pierce Mayson and Boris Shilkrot brokered the transaction. Aubuchon Realty Co. was the buyer.

0 FacebookTwitterLinkedinEmail
Newer Posts