Franklin Street Arranges $8.4 Million Sale of CVS-Anchored Retail Center in Atlanta

by Katie Sloan

Atlanta — Franklin Street has arranged the $8.4 million sale of Parkwood Shops, a 20,397-square-foot retail strip center located in Atlanta. The property is situated on 2.1 acres at 2014 SE Powers Ferry Road in Atlanta’s Cumberland neighborhood. CVS/pharmacy anchors the center, which was fully leased at the time of sale to tenants including Boston Market, Jersey Mike’s, Planet Smoothie, Piu Bello Pizzeria, Hikaru Ramen and Personal Touch Cleaners. Bryan Belk and John Tennant of Franklin Street represented the seller, Ronus Properties, in the disposition of the property to SITE Centers.

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