1031 Exchange Investor Acquires Atlanta Retail Center for $10.9 Million

March 27, 2015

An undisclosed New York-based investor acquired the Powers Ferry Shopping Center in Sandy Springs, GA from a local partnership for $10.905 million, or about $424 per square foot as part of a 1031 exchange.

What This Net Lease Deal Says About South Tampa

A freestanding Sprint in South Tampa just sold for $1.25 million. The sale price represents $325 per square foot.

Done Deals: Apartment complexes in Tampa; condos in Palm Harbor; warehouse in Sarasota

Tampa’s Franklin Street announced the sale of a CVS corporate-guaranteed triple-net lease for $2.61 million, or $251 per square foot.

1031 Exchange Grabs CVS Retail Center

In a sale that offers yet more proof that well-positioned class A retail centers are as hot as ever Power Ferry Shopping Center just sold for $416 per square foot.

Franklin Street Arranges $10.9M Sale of CVS-Anchored Center in Metro Atlanta

Franklin Street Real Estate Services has arranged the $10.9 million sale of Powers Ferry Shopping Center in Sandy Springs, a northern suburb of Atlanta.