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Atlanta & Southeast  + Atlanta  + Retail  | 
Stockbridge has acquired a six-property, grocery-anchored retail portfolio located in high-growth markets across the Southeast from Branch Properties

Stockbridge Acquires Six-Property, Grocery-Anchored Retail Portfolio

Atlanta-based Stockbridge has acquired a six-property, grocery-anchored retail portfolio located in high-growth markets across the Southeast. Over the next year, Stockbridge plans to acquire an additional six properties, bringing the total portfolio to 1.25 million square feet.

Seller Branch Properties will maintain minority ownership in the portfolio and will continue to handle management and leasing at the property level.

“As the grocery-anchored retail sector remains a resilient asset class, the opportunity to invest in a high-quality, diversified portfolio provides a significant investment opportunity for Stockbridge,” said David Nix, Stockbridge managing director of acquisitions.

The six properties total 765,969 square feet and feature market-leading grocers Publix Super Markets and Harris Teeter, along with a mix of essential, e-commerce-resistant service providers, retailers and restaurants.

  • Burnt Store Marketplace, Punta Gorda, FL
  • Village Shoppes of Sugarloaf, Lawrenceville, GA
  • Five Forks Corners, Lilburn, GA
  • Waterford Village, Wilmington, NC
  • Village at Waterside, Chattanooga, TN
  • Lightfoot Marketplace, Virginia Beach, VA.

Photo: Five Forks Corners

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Inside The Story

Stockbridge’s Nix

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