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Marietta, Ga. — Marcus & Millichap has arranged the $2.4 million sale of Delk Powers Ferry Place, a strip center in the Atlanta suburb of Marietta.
Tim Giambrone of Marcus & Millichap arranged the transaction on behalf of the seller, an Atlanta-based private investor, and the buyer, a Georgia limited liability company. Delk Powers Ferry Place was 88 percent leased at the time of sale to tenants such as Domino’s Pizza and American Deli. The center is located near Marketplace at Terrell Mill, a planned 24-acre mixed-use development anchored by Kroger.