{"id":1004154031,"date":"2016-10-03T03:30:49","date_gmt":"2016-10-03T11:30:49","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004154031"},"modified":"2021-05-14T21:27:23","modified_gmt":"2021-05-15T05:27:23","slug":"tscg-closes-sale-of-two-atlanta-retail-centers","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/tscg-closes-sale-of-two-atlanta-retail-centers\/","title":{"rendered":"TSCG Closes Sale of Two Atlanta Retail Centers"},"content":{"rendered":"

By Carmen Horghidan <\/em><\/p>\n

\"Midway<\/a>

Midway Family Festival, Cumming, Ga.<\/p><\/div>\n

Atlanta<\/b>\u2014The Shopping Center Group<\/a> has brokered the sale of two family lifestyle and sports-centric retail centers in north metro Atlanta<\/a>. The assets offer a total of approximately 107,000 square feet of leasable space. Vishal Dacula LLC purchased Dacula Family Festival for $5.9 million and Midway Family Festival for $3.5 million. TSCG’s Neal Pringle and Mark Cooley represented seller Watkins Retail Group<\/a> in both transactions.<\/p>\n

Totaling 54,000 square feet, Dacula Family Festival is located along Auburn Road in Dacula, Ga., and features amenities such as an indoor swimming pool, a 200-foot baseball field, a full-size basketball court and an indoor flag football arena. The retail center<\/a>‘s tenant roster includes TEBO Dentistry for Kids, Belle Nails, Taekwondo, Green Tea Restaurant, Little Caesars and Kids Up Indoor Playground + Party Center.<\/p>\n

Constructed in 2009, Midway Family Festival features a total of 62,410 leasable square feet and is located along Post Road in Cumming, Ga. The center’s tenant roster includes Pepperoni\u2019s Pizza, Vickery Animal Hospital, 7 Tequilas Mexican Restaurant, Johns Creek Orthodontics, Eye Level Learning Center, VO2 Personal Training and Oh My Froyo. Additional amenities include a baseball field operated by Jason Holbrook and swimming facilities operated by Swim Atlanta.<\/p>\n

\u201cNot only are they well-positioned within these communities, both assets feature tenants that provide needed amenities from healthcare<\/a> and grooming to entertainment \u2013 the centers really serve a vital community role,\u201d Pringle said in a prepared statement.<\/p>\n

Image via Google Maps<\/i><\/p>\n","protected":false},"excerpt":{"rendered":"

The properties feature 107,000 square feet of total leasing space and traded for $9.4 million. <\/p>\n","protected":false},"author":1002,"featured_media":1004154032,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1489,21743,21742,21749],"tags":[],"class_list":["post-1004154031","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-atlanta","category-deals","category-latest","category-retail"],"acf":[],"yoast_head":"\nTSCG Closes Sale of Two Atlanta Retail Centers - 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\/tscg-closes-sale-of-two-atlanta-retail-centers\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"TSCG Closes Sale of Two Atlanta Retail Centers\" \/>\n<meta property=\"og:description\" content=\"The properties feature 107,000 square feet of total leasing space and traded for $9.4 million.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/tscg-closes-sale-of-two-atlanta-retail-centers\/\" \/>\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=\"2016-10-03T11:30:49+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2021-05-15T05:27:23+00:00\" \/>\n<meta name=\"author\" content=\"Carmen Horghidan\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/09\/Midway-Family-Festival-Cumming-Ga..png\" \/>\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\":\"Article\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/tscg-closes-sale-of-two-atlanta-retail-centers\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/tscg-closes-sale-of-two-atlanta-retail-centers\\\/\"},\"author\":{\"name\":\"Carmen Horghidan\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/91c8a7396e3c26801ff2a7858bdf6875\"},\"headline\":\"TSCG Closes Sale of Two Atlanta Retail Centers\",\"datePublished\":\"2016-10-03T11:30:49+00:00\",\"dateModified\":\"2021-05-15T05:27:23+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/tscg-closes-sale-of-two-atlanta-retail-centers\\\/\"},\"wordCount\":256,\"image\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/tscg-closes-sale-of-two-atlanta-retail-centers\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2016\\\/09\\\/Midway-Family-Festival-Cumming-Ga..png\",\"articleSection\":[\"Atlanta\",\"Deals\",\"News\",\"Retail\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/tscg-closes-sale-of-two-atlanta-retail-centers\\\/\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/tscg-closes-sale-of-two-atlanta-retail-centers\\\/\",\"name\":\"TSCG Closes Sale of Two Atlanta Retail Centers - 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