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Atlanta & Southeast  + Atlanta Metro  + Retail  | 
M Street Holdings and Highline Real Estate Capital have acquired Conyers Commons shopping center in Conyers, GA for $17 million.

JV’s Buy of $17M Power Center in Conyers Lifts Atlanta Tally over $100M

HRE/MStreet Conyers, LLC, a joint venture between Miami-based firms M Street Holdings and Highline Real Estate Capital, has acquired Conyers Commons, a 118,916-square-foot, multi-anchor power center in Conyers, GA, for $17 million.

The transaction is the joint venture’s second in the Atlanta market this year, following the $16.8 million acquisition of Turner Hill Marketplace in January. Over the past ten months, the ownership group has transacted more than $100 million in acquisitions.

Conyers Commons is anchored by Ross Dress for Less and Bealls Outlet and shadow anchored by Target, with regional and national tenants pOpShelf, Smoothie King, Mattress Firm, CitiTrends, Panda Express, and Kirkland’s.

“Conyers Commons is a high-performing retail center strategically positioned within an established trade area that is experiencing continued growth,” said David Milgram, managing principal of M Street Holdings. “We believe there are multiple levers to unlock value given the asset’s strong anchor tenancy, robust financial profile, and dominant trade position.”

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M Street Holdings' Milgram

About Lisa McDuffie

Lisa McDuffie arrives at ConnectCRE via REALTOR® world, where she served for nearly two decades as communications director for one of the nation’s largest REALTOR® organizations. She supported two membership-elected presidents who were commercial real estate practitioners, and managed the communications initiatives of the organization’s commercial special interest group. When not following the latest commercial real estate news, Lisa is zeroed in on her charismatic off-the-track thoroughbred as she makes the transition from an utterly failed racehorse to a lovely show hunter.

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