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Atlanta & Southeast  + Atlanta  + Retail  | 

Georgetown Co. Snags Metro Atlanta Retail Portfolio for $43M

Developer and owner Georgetown Co. has acquired two supermarket-anchored shopping centers in the Atlanta suburbs for $43 million.

The properties included Coleman Village in Roswell and Village Walk in Alpharetta. Anchored by supermarket chain Kroger, Coleman Village is situated on more than 12 acres at 800 Marietta Highway in Roswell. Village Walk is a fully-leased, 84,309-square-foot property on nearly 12 acres. The retail center is anchored by Publix and is home to tenants WellStar, Papa John’s and Circle K.

A team from JLL represented the seller of Coleman Village, Principal Global Investors. In addition, a CBRE National Retail Partners team represented the seller of Village Walk, PGIM Inc. Georgetown Co. is currently identifying additional retail center investment opportunities in several markets in the Southeast, including Raleigh, Charlotte, Nashville, Greenville, Charleston, Tampa, Jacksonville and Miami.

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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