Commercial Real Estate, Capital, Insurance, Leasing & Management

Franklin Street brokers convenience retail sale in the North Atlanta MSA to national REIT

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Institutional capital makes major investment in the fastest growing county in the country.

ATLANTA, Georgia (June 24, 2025)

Today, Franklin Street announced it has successfully brokered the sale of Dawsonville Outparcels in Dawsonville, Georgia, part of the Atlanta-Sandy Springs-Roswell MSA. Curbline Properties Corp., the first publicly traded real estate investment trust focused on convenience real estate, purchased the property from Seven Smiths Investments, L.P. This continues a recent trend of institutional capital targeting convenience retail as a high value, high growth investment opportunity and comes only three months following Curbline’s largest acquisition to date, an $86.3 million Jacksonville, Florida based portfolio, which was also brokered by Franklin Street brokers Bryan Belk & John Tennant.

“Opportunity in this current market requires the ability to be nimble, and that is a quality that sets Franklin Street apart in this industry,” John Tennant, managing director, retail investment sales, Franklin Street, said.

Franklin Street represented both buyer and seller for the transaction. Dawsonville is the county seat of Dawson County, which was recently named the fastest growing county in the country for percent population growth at it experienced a 6.4% population growth between 2023-2024. The growth trajectory was a major factor in attracting institutional-level investors.

“Five years ago, we assisted the seller in a 1031 exchange into this property. When they alerted us that they were nearing their investment hold period, we quickly lined up available buyer options to maximize our client’s investment goals”, Bryan Belk, managing director, retail investment sales, Franklin Street, said. “This high-profile, street front retail opportunity in a major growth market, was exactly the type of investment we knew Curbline was interested in, and we were pleased to collaborate with all parties to get this deal done.”

The 9,900+ square foot property is located on two tracts equaling close to two acres at 215 Marketplace Blvd. It is a fully occupied retail outparcel to Kroger Marketplace and includes Starbucks, MOD Pizza, and Verizon as tenants. The property was built in 2017. 

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. Franklin Street offers unmatched value and optimal solutions for clients nationwide. Headquartered in Tampa, Fla., the firm has teams located in top markets throughout the country and works with owners and occupiers of commercial real estate nationwide. Learn more about Franklin Street at FranklinSt.com.

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