Lake City Commons

Marcus & Millichap Brokers $11.9 Million Sale of Kroger-Anchored Shopping Center in Metro Atlanta

by Julia Sanders

Lake City, Ga. — Marcus & Millichap has brokered the $11.9 million sale of Lake City Commons, a 91,494-square-foot, Kroger-anchored shopping center in Lake City, roughly 13 miles south of Atlanta. Zach Taylor of Marcus & Millichap’s Taylor-McMinn Retail Group represented the seller, SomeraRoad, in the transaction. The buyer, Forge Capital, assumed the property’s existing CMBS debt with the acquisition.

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