Colliers Arranges Sale of Kroger-Anchored Merchants Crossing for $10.2 Million

by Nate Hunter

Newnan, Ga. – The neighborhood center is situated on 16.3 acres on Newnan’s main thoroughfare.

Newnan, Ga. – Colliers International’s Southeast Retail Investment Sales Team has arranged the sale of Merchants Crossing, a 174,059-square-foot Kroger-anchored neighborhood retail center in Newnan, for $10.2 million. Toronto-based Slate Properties purchased the center, which is located 40 miles southwest of Atlanta. Joe Montgomery and Tony D’Ambrosio of Colliers worked as the exclusive agents for the New York-based seller.

 Scott Reid

 

 

 

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