{"id":1004128930,"date":"2015-10-09T03:42:43","date_gmt":"2015-10-09T11:42:43","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004128930"},"modified":"2022-03-03T12:37:29","modified_gmt":"2022-03-03T20:37:29","slug":"two-northeast-atlanta-power-centers-change-hands","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/two-northeast-atlanta-power-centers-change-hands\/","title":{"rendered":"Two Northeast Atlanta Power Centers Change Hands"},"content":{"rendered":"

By Balazs Szekely, Associate Editor<\/em><\/p>\n

\"Windward<\/a>

Windward Plaza<\/p><\/div>\n

Two retail developments in the northeastern submarkets of the Big Peach were sold in separate transactions in early October. Combined, Duluth\u2019s Venture Pointe and the Windward Plaza in Alpharetta measure close to 490,000 square feet.<\/p>\n

Venture Pointe is strategically positioned within a significant retail corridor, adjacent to PGA Superstore and Dave & Buster\u2019s, offering easy accessibility through the I-85\u2019s Steve Resoldare Blvd. exit. The 335,151-square-foot property is anchored by Kohl\u2019s, Big Lots and Golfsmith. Lincoln Property Company Southeast<\/a> and SRS Real Estate Partners <\/a>arranged the $15.7 million sale on behalf of the seller, Wells Fargo Bank<\/a>. The marketing team was led by Tony Bartlett and Chip Sipple of Lincoln and Kyle Stonis and Pierce Mayson of SRS. Angkawijana LLC purchased the property.<\/p>\n

Windward Plaza is situated on 14.5 acres at the northwest corner of GA 400 and Windward Parkway, less than 30 miles from downtown Atlanta. The 152,648-square-foot property is anchored by LA Fitness, hhgregg and Office Depot. HFF<\/a> represented the seller, Columbus Pacific Properties<\/a> in the disposition. Senior managing directors Jim Hamilton and Richard Reid spoke for CPP during the negotiations. Stockbridge Capital Group<\/a> purchased the asset free and clear of existing debt. The purchase price remained undisclosed.<\/p>\n

Photo credit: HFF<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

The properties sold in separate transactions at the beginning of the month. <\/p>\n","protected":false},"author":35,"featured_media":1004128949,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1489,21783,21749],"tags":[],"class_list":["post-1004128930","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-atlanta","category-investment","category-retail"],"acf":[],"yoast_head":"\nTwo Northeast Atlanta Power Centers Change Hands - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/two-northeast-atlanta-power-centers-change-hands\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Two Northeast Atlanta Power Centers Change Hands\" \/>\n<meta property=\"og:description\" content=\"The properties sold in separate transactions at the beginning of the month.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/two-northeast-atlanta-power-centers-change-hands\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2015-10-09T11:42:43+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-03-03T20:37:29+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2015\/10\/Windward-Plaza-alpharetta-ga.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"335\" \/>\n\t<meta property=\"og:image:height\" content=\"240\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Balazs Szekely\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/two-northeast-atlanta-power-centers-change-hands\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/two-northeast-atlanta-power-centers-change-hands\/\",\"name\":\"Two Northeast Atlanta Power Centers Change Hands - 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