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Atlanta & Southeast  + Atlanta  + Retail  |  June 5, 2026
Madison Yards
Mike Boyd
By: Mike Boyd

CTO Offloads 163K-SF Atlanta Retail Center

CTO Realty Growth spun off Madison Yards, a 163,000 square foot retail center in Reynoldstown, for $73.3 million. An affiliate of Heitman Capital Management was the buyer. Crawford Square Real Estate Advisors will lease and manage the property.

The Atlanta Business Chronicle reports retail tenants include Publix, AMC Theatres, Taqueria Tsunami, Daily Dose Coffee, Girl Diver and more. The property is 97% leased.

Fuqua Development built Madison Yards in the late 2010s, with Publix opening its 54,000-square-foot store in 2019.

A team led by Conor Lalor at Newmark, facilitated the transaction on behalf of CTO. CTO Realty Growth is a publicly traded real estate investment trust that owns and operates a portfolio of retail-based properties located primarily in higher-growth markets in the United States. It’s been around since 1910.

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About Mike Boyd

Mike covers our Texas and Phoenix/Southwest regions. He is a veteran news reporter who spent 10 years in radio and television news, mostly in Tucson, Arizona. Following his career in the media, he spent ten years as a communications executive for a publicly traded development company. Mike is married with three boys and three Huskies.
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