Sterling Acquires Peachtree Parkway Plaza in Suburban Atlanta for $12.25 Million

Norcross, Ga. — Sterling Org. has acquired Peachtree Parkway Plaza, a 95,509-square-foot shopping center located in the Atlanta suburb of Norcross, for $12.25 million.

The center is currently 83 percent occupied by tenants including anchors Goodwill, Dollar General and Youfit Health Clubs. The asset was purchased from DLC Management Corp. through the firm’s institutional fund Sterling Value Add Partners II LP.

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