Commercial Real Estate, Capital, Insurance, Leasing & Management

Franklin Street Arranges 20K-SF Lease with Burlington at Atlanta Area Shopping Center

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The lease brings a 311,396-SF shopping center in Cumming, Georgia, to 100% occupancy

ATLANTA, GA (April 28, 2022) – Burlington has signed a lease joining other national retailers in Forsyth County, Georgia. The 20,388-square-foot lease at the Cumming Town Center, located 35 miles north of Atlanta, is a strong sign of growth in Georgia’s retail market.

Franklin Street’s Atlanta Retail Services Team of Sam Kreuger and Kaitlyn Theriot represented the landlord, Beachwood, Ohio-based Site Centers, a publicly traded REIT focused on investing in well-positioned shopping centers in the suburbs of major MSAs.

Burlington will move into a space recently vacated by Staples, bringing the 311,396-square-foot retail property back up to 100% occupancy.

“After the previous tenant left a sizable vacancy, our team was able to quickly secure a lease with Burlington to keep Cumming Town Center at full occupancy, minimizing loss of income for our client,” said Krueger.

Other tenants at the property include TJ Maxx, Dick’s Sporting Goods and Ulta Beauty, while the immediate trade area is also home to Best Buy, Old Navy, Five Below, Petco and Ashley Furniture Homestore. At 2475 Marketplace Blvd., the property is prominently situated along State Road 20 in Forsyth County.

“We’re pleased to have helped Burlington continue its growth in the Georgia market,” said Theriot. “Burlington is a great addition to the variety of other retailers at the Cumming Town Center.”

Notably, Forsyth County is the one of the wealthiest counties in the nation and is home to over 75 international companies, more than 20 of which have located their North American corporate headquarters in the county.

About Franklin Street:

Founded in 2006 during one of the toughest real estate climates, Franklin Street focused on delivering value-added solutions to meet the evolving needs of clients. Through a collaborative philosophy of leveraging the resources, expertise and experience of each of its lines of business, Franklin Street has grown to include seven business divisions – Investment Sales, Tenant and Landlord Representation, Capital Advisory, Insurance, Property Management and Project Management. With $7 billion in transaction value across all major product types, Franklin Street offers unmatched value and optimal solutions for clients nationwide.  Headquartered in Tampa, Fla., the company has offices in Fort Lauderdale, Jacksonville, Miami, Orlando, Atlanta and Chicago. Learn more about Franklin Street at FranklinSt.com.

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