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Atlanta & Southeast  + Retail  | 

Metro Atlanta Shopping Center Portfolio Trades Hands

JLL has arranged the sale of two grocery-anchored shopping centers in metro Atlanta. The two properties, which traded as a portfolio are Publix at Acworth and Centre at Panola. The sales price was undisclosed.

Publix at Acworth is a 69,628-square-foot neighborhood center anchored by Publix and CVS in Acworth. Developed in 1996, the shopping center is currently 98% leased to a tenant roster that includes WellStar, Domino’s Pizza, Coast Dental Services, Supercuts and Cricket Wireless.

Centre at Panola is a 73,075-square-foot shopping center anchored by Publix in Lithonia. The shopping center was constructed in 2001, and is currently 100% leased to a tenant roster that includes Marco’s Pizza, Let’s Talk Therapy, Cricket Wireless and Benchmark Physical Therapy.

Jim Hamilton, Mike Allison and Brad Buchanan of JLL represented the seller, a publicly traded REIT, in the transaction. The buyer was Rothenberg-Rosenfield Inc.

For comments, questions or concerns, please contact David Cohen

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About David Cohen

David Cohen is Southeast Editorial Director at Connect Commercial Real Estate. David is a media veteran with more than 10 years of experience in journalism, copywriting and communications across a variety of roles. He is responsible for covering commercial real estate news and trends in the Southeast, Florida, Washington D.C. and Boston at Connect CRE as well as specializing in the Student Housing sector. Prior to joining Connect, David was the editor of Northeast Real Estate Business magazine and Student Housing Business magazine at France Media as well as spending time freelancing for ESPN and the Associated Press in the fast-paced field of live sports event production. He is also an owner and investor in multifamily real estate in Atlanta, GA. David currently resides in Atlanta and graduated from the College of Communication & Information at the University of Tennessee Knoxville.

  • ◦Sale/Acquisition
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