Kennesaw, Ga. — CBRE Capital Markets’ Debt and Structured Finance team has arranged $78 million in acquisition and construction financing for Kennesaw Marketplace, a 288,000-square-foot shopping center located in Kennesaw.
Alpharetta, Ga. — Phillips Edison Grocery Center REIT II, Inc. has purchased Old Alabama Square, a 103,268-square-foot shopping center in the north Atlanta suburb of Alpharetta.
Alpharetta, Ga. — McAlister’s Deli has signed a 10-unit development agreement with franchisors Marcelo and Berny Montalvan to open restaurants in communities across Miami-Dade and Broward counties in South Florida.
Atlanta — FCA Partners will redevelop Buckhead Exchange, one of Atlanta’s longest-standing retail centers in the Buckhead submarket. The renovation will transform the existing 48,500-square foot structure into an updated, pedestrian-focused center.
Kennesaw, Ga. — Atlanta-based shopping center owner RCG Ventures has formed a joint venture with DRA Advisors to purchase Cobb Place, a 335,190-square-foot shopping center located in Kennesaw, a northern suburb of Atlanta.
Roswell, Ga. — Crossman & Company has arranged the $8.63 million sale of Market Center in Roswell to an investment fund.
Columbus, Ga. — America’s Realty, in partnership with ARCJ Capital, has purchased Fountain Park Shopping Center in Columbus for $4.95 million from Phillips Edison & Co.
Lilburn, Ga. — Wheeler Real Estate Investment Trust Inc. (Wheeler REIT) has purchased Beaver Ruin Village, a 74,038-square-foot shopping center located in Lilburn, a suburb of Atlanta.
Douglasville, Ga. — Ackerman & Co. has brokered the sale of a 14,490-square-foot, single-tenant, net-leased Walgreens in Douglasville for $5.8 million, or 99 percent of asking price.
Atlanta — All three retailers are expected to open this fall.