Georgia

207-Peachtree
DevelopmentEntertainmentGeorgiaNews

RPB Management Group to Open Dining, Entertainment Venue in Atlanta

by Abby Cox

Atlanta — RPB Management Group will open 207 Peachtree, a 45,000-square-foot entertainment, dining and event venue located in downtown Atlanta. Set to debut this spring, the reimagined 1920s building will include American Dive, a dive bar with live music and arcade games; Peachtree Sporting Club, an experiential sports bar featuring seven sports simulator bays and a 20-foot panoramic TV wall; Aire, a rooftop lounge with an indoor-outdoor space; and a 10,000-square-foot event space that can accommodate more than 300 guests. Red Phone Booth, a speakeasy lounge and bar, and Amalfi Cucina …

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stir-medley
DevelopmentGeorgiaLeasingMixed-useNews

Toro Development Signs Leases with Five New Tenants at Medley in Metro Atlanta

by Abby Cox

Johns Creek, Ga. — Toro Development Co. (TDC) has signed leases with five new tenants at Medley, a 43-acre mixed-use development under construction in the north Atlanta suburb of Johns Creek. Trader Joe’s, Shake Shack, Kontour Medical Spa, Moop’s Boutique and Northern China Eatery are expected to open on Oct. 29, along with the debut of Medley’s official launch. The latest concepts join a mix of additional retailers and restaurants, including Sephora, STIR, Tonic House, Rena’s Italian Fishery & Grill, High Country Outfitters, BODYROK, Playa Bowls, Petfolk, CRÚ Food & …

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1583-Rome-Hwy-Cedartown
GeorgiaInvestment salesNews

Marcus & Millichap Brokers $5.3 Million Sale of Shopping Center in Cedartown, Georgia

by Abby Cox

Cedartown, Ga. — Marcus & Millichap has brokered the $5.3 million sale of a 30,600-square-foot shopping center located at 1583 Rome Highway in Cedartown, roughly 70 miles northwest of Atlanta. Eric Abbott and Zach Taylor of Marcus & Millichap represented the seller, a private local investor, in the transaction. Situated on nearly 5.5 acres, the shopping center was fully leased to 11 tenants at the time of sale including Dollar Tree, AT&T, Cato Fashions, Shoe Show, Little Caesars and Amedisys. The property has recently undergone renovations such as the addition of a new parking …

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Mulberry-Village
GeorgiaGrocery-anchoredInvestment salesNews

Essential Growth Properties Acquires Publix-Anchored Shopping Center in Mulberry, Georgia, for $13.4 Million

by Abby Cox

Mulberry, Ga. — Essential Growth Properties has acquired Mulberry Village, a 75,200-square-foot grocery-anchored center located in Mulberry, approximately 50 miles northeast of Atlanta, for $13.5 million. Built in 2008 on about 17 acres, Mulberry Village is anchored by a newly renovated Publix. Additional tenants at the center, which was 94 percent occupied at the time of sale, include Taco Bell, Maria’s Tex Mex, State Farm, Capital Nails, Spice Wing and Peking Chinese. The property also features four undeveloped outparcels for future use. Jim Hamilton, Brad Buchanan, Andrew Michols and Charlie …

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east-village-alpharetta-ga
GeorgiaInvestment salesNews

Matthews Negotiates Sale of 24,674-Square-Foot Retail Center in Metro Atlanta

by Abby Cox

Alpharetta, Ga. — Matthews has negotiated the sale of the final retail parcel at East Village, a recently completed, 268,000-square-foot mixed-use redevelopment located in Alpharetta, a northern suburb of Atlanta. Jeff Enck, Pierce Mayson, Kyle Stonis and Boris Shilkrot of Matthews represented the seller, The Ardent Cos., in the transaction. The buyer was not disclosed. Situated at the entrance of the East Village mixed-used development, the 24,674-square-foot retail center features a mix of tenants such as Panda Express, Palm Beach Tan, Dollar Tree and Sally Beauty, as well as two outparcel …

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perimeter-pointe
DevelopmentGeorgiaMixed-useNews

Ardent Cos. Acquires 360,000-Square-Foot Perimeter Pointe in Atlanta, Plans Mixed-Use Redevelopment

by Abby Cox

Sandy Springs, Ga.  — The Ardent Cos. has acquired Perimeter Pointe, a 360,000-square-foot retail property located in Atlanta’s Central Perimeter submarket of Sandy Springs, with plans to transform the property into a mixed-use development. Renovations will include the prioritization of walkability and accessibility, an improved tenant lineup, the lease up of vacant space and remerchandising the existing tenant mix. The redevelopment will also feature the addition of a multifamily component to the property. Current tenants at Perimeter Pointe include Five Below, Office Depot, Dick’s Sporting Goods and HomeGoods.

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City-Center-Crossing
GeorgiaGrocery-anchoredInvestment salesNews

JLL Negotiates $20.8 Million Sale of City Center Crossing in Metro Atlanta

by Abby Cox

Sandy Springs, Ga. — JLL Capital Markets has negotiated the $20.8 million sale of City Center Crossing, a 98,408-square-foot grocery-anchored shopping center in the Atlanta suburb of Sandy Springs. The center, which was fully leased at the time of sale, is home to a mix of tenants including a CHEF’STORE grocery store, Planet Fitness, Goldfish Swim School, Ready. Set. Fun., Hudson Grille and GolfTec. Henry Schaffer, Gregg Shapiro and Hunter Goldberg of JLL represented the buyer, Crosspoint Associates, in the transaction. Jim Hamilton, Brad Buchanan, Andrew Michols and Charlie Merrigan, also …

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Salem-Gate-Market
FinanceGeorgiaInvestment salesNews

JLL Negotiates $25.4 Million Sale, Financing of Salem Gate Market in Metro Atlanta

by Abby Cox

Conyers, Ga. — JLL Capital Markers has negotiated the $25.4 million sale of Salem Gate Market, a 177,527-square-foot retail center located in Conyers, a southeast suburb of Atlanta in Rockdale County. Brad Buchanan, Jim Hamilton, Andrew Kahn and Anton Serafini of JLL represented the seller, Tri-Land Properties, in the transaction. Gregg Shapiro, Hunter Goldberg and Austin Smith, also of JLL, represented the buyer, Highline Real Estate Capital LLC, in procuring the acquisition loan. Salem Gate Market is fully leased to tenants including Floor & Decor, Academy Sports + Outdoors, Northern Tool …

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Salem-Gate-Market_Conyers
GeorgiaInvestment salesNews

Highline Acquires Shopping Center in Conyers, Georgia, for $25.4 Million

by Abby Cox

Conyers, Ga. — Highline Real Estate Capital has acquired Salem Gate Market, a 177,527-square-foot shopping center located in Conyers, a southeast suburb of Atlanta in Rockdale County, for $25.4 million. The center’s tenant lineup includes anchors Academy Sports + Outdoors and Floor & Décor. The Miami-based investor purchased Salem Gate Market from the undisclosed seller via its Highline Real Estate Fund 1, which launched in 2023 and has completed more than $350 million in acquisitions. Brad Buchanan and Jim Hamilton of JLL’s Atlanta office represented the seller in the transaction. …

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kiddie-academy
GeorgiaInvestment salesNews

SRS Real Estate Negotiates $5.7 Million Sale of Singe-Tenant Retail Property in Braselton, Georgia

by Abby Cox

Braselton, Ga. — SRS Real Estate Partners has negotiated the $5.7 million sale of a single-tenant retail property located in Braselton. Kiddie Academy, a national franchise company that provides educational child care for infants, toddlers and school-aged children, occupies the 10,000-square-foot space on a 20-year absolute triple-net lease. Britt Raymond, Kyle Fant and Sabrina Sapienza of SRS Capital Markets represented the seller, a Southeast-based developer, as well as the buyer, a Northeast-based private investor, in the transaction.

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