SRS IPG Arranges Sale of 178K-SF Athens Shopping Center
SRS’ Investment Properties Group has arranged the sale of Athens West, a 178,390-square-foot shopping center in Athens, GA. The sales price was $16 million.
Built in 1990, the center is situated on more than 18 acres of land and is home to a tenant roster that includes Big Lots, America’s Thrift, American Freight, BioLife and Citi Trends as well as CiCi’s Pizza, Metro PCS and Domino’s Pizza. The center is located in a high-traffic location along Atlanta Hwy, in the heart of Athens.
Kyle Stonis and Pierce Mayson of the Investment Properties Group in the SRS Atlanta office represented the seller, SomeraRoad, in the transaction. The buyer was Trinity Apex.
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.