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Atlanta & Southeast  + Atlanta Metro  + Retail  | 
Northmarq has broker the $15.2-million sale of the fully leased Westpark Walk shopping center in Peachtree City, GA.

Northmarq Fields $15M Sale of Westpark Walk Retail Center in Peachtree City

Northmarq has completed the sale of Westpark Walk, 73,847-square-foot shopping center located at 400 Commerce Drive in Peachtree City, GA, for $15.2 million. The center is 100% leased to 21 tenants, including several who have been with the property for more than 30 years.

Jeff Enck and Emery Shane of Northmarq, a capital markets resource for commercial real estate investors represented the DC-based seller. An Atlanta-based developer acquired the asset.

 “Despite the rising interest rate environment, we were able to generate multiple offers from across the country and ultimately close with an investment group based in Atlanta,” said Enck. “There was no lack of investor interest in this superb asset.”

The property is situated on 5.41 acres 20 miles southwest of Atlanta and at the corner of Highways 54 and 74. It is and surrounded by several super regional traffic generators such as The Avenue Peachtree City and The Shoppes at Peachtree City.


Inside The Story

Northmarq's Enck

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.

  • ◦Sale/Acquisition