Stone Mountain, Ga. — Preferred Apartment Communities Inc. (PAC) has purchased Rockbridge Village, a 102,432-square-foot retail center in Stone Mountain, a suburb of Atlanta.
Perry, Ga. — Avison Young has arranged the sale of Perry Marketplace, a 179,973-square-foot shopping center located in Perry, roughly 29 miles outside Macon, Georgia.
Atlanta — The retail portion of Peachtree Center, a mixed-use, transit-oriented development located in Atlanta, is set to undergo large-scale renovations.
Cumming, Ga. — New Market Properties LLC, a subsidiary of Preferred Apartment Communities Inc., has acquired Castleberry-Southard, an 80,018-square-foot, grocery-anchored shopping center located in the Atlanta suburb of Cumming.
Atlanta — A joint venture between Columbia Ventures LLC and Studioplex LLC has broken ground on the next phase of Studioplex on Auburn, a mixed-use development in Atlanta’s Old Fourth Ward district.
Norcross, Ga. — SRS Real Estate Partners has arranged the $8.65 million sale of Tree Trail Village Shopping Center, a 99,238-square-foot retail center located roughly 28 miles outside Atlanta in Norcross.
Hinesville, Ga. — Hutton Contracting Co. has completed construction of Oglethorpe Square, a 158,000-square-foot shopping center located in Hinesville, a city about 40 miles southwest of Savannah.
Alpharetta, Ga. — North American Properties (NAP) will officially debut Phase II of the 86-acre Avalon mixed-use development in Alpharetta, which is dubbed Boulevard East, on Thursday, April 13.