Brookhaven, Ga. — JLL has brokered the sale of Brookhaven Station, a 44,966-square-foot retail center located in the Atlanta suburb of Brookhaven. SITE Centers acquired the property from Hendon Properties for an undisclosed price. Originally built in 1985, the center was renovated between 2022 and 2023. Tenants at the property include Chick-fil-A, Fox Bros. Bar-B-Q, Chop’t and Mellow Mushroom. Jim Hamilton, Brad Buchanan and Andrew Kahn of JLL represented the seller in the transaction.
Austell, Ga. — Hendon Properties has acquired East West Shops, an 85,565-square-foot shopping center located in Austell, Georgia. Concorde Group Holdings sold the property for $15.2 million. OneLife Fitness, Starbucks Coffee and Urgent Team anchor the center, which was 96 percent occupied at the time of sale. Brad Peterson, Scott Israel and Tommy Isola of Colliers brokered the sale on behalf of Concorde.
Mill Valley, Calif. — Four Corners Property Trust (FCPT) has purchased 20 restaurant properties occupied by Bloomin’ Brands concepts for $66.4 million dollars. Located in Arizona, Florida, Georgia, Kentucky, Louisiana, North Carolina, Nevada, Pennsylvania, South Carolina and Tennessee, the portfolio includes 10 Outback Steakhouse restaurants and 10 Carrabba’s Italian Grill restaurants, with one dual-tenant property occupied by both concepts. The properties are leased to corporate Bloomin’ Brands entities on two master leases. This transaction makes Bloomin’ Brands the third largest tenant for FCPT, accounting for 3.3 percent of cash rent for …
McDonough, Ga. — Chick-fil-A has opened its first elevated, drive-thru only restaurant in the south Atlanta suburb of McDonough. The restaurant features four drive-thru lanes running below an elevated kitchen that is twice the size of a typical Chick-fil-A kitchen. Food reaches the delivery team members via a custom meal transport system that uses conveyer belt technology. Patrons can either order onsite with a Chick-fil-A team member or order ahead on the Chick-fil-A app, and the restaurant features dedicated lanes for both ordering methods, as well as “pull-aside lanes” for guests …
Atlanta — Sugarcoat Beauty has signed a lease at Uptown Atlanta, a 47-acre mixed-use development in Atlanta. Scheduled to open in early 2025, the concept will offer manicures, pedicures, facial, lash treatments and other services. Other tenants at the property — which features 120,000 square feet of retail and restaurant space, as well as office and community gathering spaces — include Roundhouse Kickboxing, The Commodore, J’ouvert Caribbean Kitchen, El Gordo, 26 Thai Kitchen and Bar and Bene Korean. Rubenstein Partners is the developer and landlord.
Peachtree City, Ga. — Four new tenants have opened at The Avenue Peachtree City, a shopping center located in Peachtree City, roughly 30 miles outside Atlanta. Arhaus Studio, Kendra Scott, Motivate Studios and 9292 Korean BBQ now occupy 7,085; 2,000; 2,000; and 8,015 square feet at the property, respectively. American Eagle Outfitters also recently completed a renovation and has reopened at the center. JLL manages the property.
Atlanta — Jamestown, a real estate development, investment and management firm based in Atlanta, has announced plans to purchase the Atlanta-based subsidiary of North American Properties (NAP), a prominent mixed-use developer and operator based in Cincinnati. Terms of the acquisition were not disclosed, but NAP’s Atlanta office had $2 billion in assets under management (AUM) as of June 30, 2024. That portfolio includes nine mixed-use destinations across six states on the East Coast. As part of the transaction, a Jamestown affiliate will make an investment in the platform’s portfolio comprising Colony …
Milton, Ga. — Knuckies Hoagies, a sandwich concept founded in Milton in 2019, has announced a new partnership with Walmart. The brand has executed leases to open restaurants within 14 Walmart stores across six states, including Georgia, South Carolina, North Carolina, Oklahoma and Texas. According to a press release issued by the Knuckies Franchise Co., the partnership offers “a built-in customer base and prime locations.”
Marietta, Ga. — Five new tenants have signed leases at The Avenue West Cobb, a shopping center located in Marietta, roughly 20 miles northwest of downtown Atlanta. The Peach Cobbler Factory has opened a 1,400-square-foot restaurant at the property, with restaurant Le’ Zia scheduled to open later this month in a 9,580-square-foot space. Additionally, lifestyle brand J.Jill has signed a 3,840-square-foot lease and is scheduled to open this fall, along with Spirit Halloween, which will occupy 9,980 square feet at the center on a temporary basis. Jim ‘N Nick’s Community Bar-B-Q …
Atlanta — The City of Atlanta, through Atlanta Urban Development (AUD), has unveiled plans for a 1.7 million-square-foot mixed-use redevelopment of the Mall West End. BRP Cos. is the developer. Key elements of the Mall West End redevelopment plan include: approximately 120,000 square feet of retail space, including a grocery store, fitness center, food and beverage, and local boutiques; 893 mixed-income rental units; 152 beds of student housing; a 150-key hotel; 12,000 square feet of medical office space; and community amenities. The project site is located steps from four Historically Black …
