Atlanta & Southeast News In Your Inbox
Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.
CBRE Facilitates Sale of The Village Shoppes at Windermere in Suwanee
CBRE has announced the sale of The Village Shoppes at Windermere, a 73,404-square-foot Publix-anchored shopping center in Suwanee, GA. It was acquired by Cincinnati-based Phillips Edison & Company for an undisclosed price.
Chris Decoufle, Kevin Hurley and Matt Karempelis of CBRE’s National Retail Partners – Southeast represented the seller. San Antonio-based Affinius Capital procured the buyer.
Located at 3120-3130 Mathis Airport Parkway in Suwanee, The Village Shoppes at Windermere was developed in 2008 and was 93.3 percent leased at the time of its sale. In addition to the 39,200-square-foot Publix, tenants include a dry cleaner, martial arts studio, nail salon, orthodontics office, and Mexican restaurant.
In the open-air retail space, grocery-anchored assets continue to see the most demand from all capital sources that target retail. Of the over $2 billion in transaction volume that CBRE’s National Retail Partners – Southeast were involved in in 2022, many of those assets were grocery-anchored retail centers.

