
ShopOne, JV Partners Add to Atlanta Portfolio with Kroger-Anchored Retail
The joint venture partnership between ShopOne Centers REIT Inc., Pantheon and a leading global institutional investor has acquired the 98,224-square-foot Kroger-anchored Sharon Greens neighborhood shopping center in Cumming, GA. Sharon Greens is the third asset the JV has 13 grocery-anchored shopping centers in its portfolio, all acquired within the last 18 months.
“We are pleased to further grow our presence in the Atlanta MSA with the recent acquisition of Sharon Greens. Anchored by Kroger for more than 20 years, Sharon Greens is an institutional-quality shopping center that has a demonstrated history of success while serving the daily shopping needs of local consumers,” stated Chris Reed, Chief Investment Officer at ShopOne. “We will continue to seek grocery-anchored acquisition opportunities in high-growth markets like this one, as well as those that exhibit similar characteristics throughout the country.”
Sharon Greens is located at the intersection of Peachtree Parkway and Sharon Road.
- ◦Sale/Acquisition