Lakeland-Plaza_Sprouts_Cumming

Octave Purchases 301,711-Square-Foot Shopping Center in Atlanta Suburb

by Hayden Spiess

Cumming, Ga. — Octave Holdings and Investments has purchased Lakeland Plaza, a 301,711-square-foot shopping center in Cumming, a northern suburb of Atlanta, for an undisclosed price. Built in 1990 and renovated in 2015, Lakeland Plaza was 94 percent leased at the time of sale to tenants including Sprouts Farmers Market, Belk, Bealls Outlet, LA Fitness, Joann Fabric and Crafts and Shoe Gallery. Jim Hamilton, Brad Buchanan and Andrew Kahn of JLL represented the undisclosed sellers in the transaction.

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