{"id":1004801089,"date":"2026-06-05T03:04:39","date_gmt":"2026-06-05T11:04:39","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004801089"},"modified":"2026-06-05T03:04:41","modified_gmt":"2026-06-05T11:04:41","slug":"cto-realty-sells-atlanta-retail-asset-for-73m","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/cto-realty-sells-atlanta-retail-asset-for-73m\/","title":{"rendered":"CTO Realty Sells Atlanta Retail Asset for $73M"},"content":{"rendered":"\n<p><\/p>\n\n\n<div class=\"wp-block-image\">\n<figure data-wp-context=\"{&quot;imageId&quot;:&quot;6a22cb8d9044f&quot;}\" data-wp-interactive=\"core\/image\" class=\"alignright size-full is-resized wp-lightbox-container\"><img loading=\"lazy\" decoding=\"async\" width=\"640\" height=\"480\" data-attachment-id=\"1004782278\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/plaza-at-rockwell-in-rockwall-texas-2\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/12\/Plaza-at-Rockwell-in-Rockwall-Texas-edited.jpg\" data-orig-size=\"640,480\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;\\u00a9 Yardi Systems, Inc.&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"Plaza at Rockwell in Rockwall, Texas\" data-image-description=\"&lt;p&gt;Image courtesy of Yardi Matrix&lt;\/p&gt;\n\" data-image-caption=\"&lt;p&gt;Plaza at Rockwall is part of CTO Realty Growth Inc.&#8217;s portfolio.&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/12\/Plaza-at-Rockwell-in-Rockwall-Texas-edited.jpg?w=640\" data-wp-class--hide=\"state.isContentHidden\" data-wp-class--show=\"state.isContentVisible\" data-wp-init=\"callbacks.setButtonStyles\" data-wp-on-async--click=\"actions.showLightbox\" data-wp-on-async--load=\"callbacks.setButtonStyles\" data-wp-on-async-window--resize=\"callbacks.setButtonStyles\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/12\/Plaza-at-Rockwell-in-Rockwall-Texas-edited.jpg\" alt=\"Exterior shot of Plaza at Rockwall in Rockawall, Texas, a 446,487-square-foot retail property part of CTO Realty Growth Inc.'s portfolio.\" class=\"wp-image-1004782278\" style=\"width:400px\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/12\/Plaza-at-Rockwell-in-Rockwall-Texas-edited.jpg 640w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/12\/Plaza-at-Rockwell-in-Rockwall-Texas-edited.jpg?resize=300,225 300w\" sizes=\"auto, (max-width: 640px) 100vw, 640px\" \/><button\n\t\t\tclass=\"lightbox-trigger\"\n\t\t\ttype=\"button\"\n\t\t\taria-haspopup=\"dialog\"\n\t\t\taria-label=\"Enlarge\"\n\t\t\tdata-wp-init=\"callbacks.initTriggerButton\"\n\t\t\tdata-wp-on-async--click=\"actions.showLightbox\"\n\t\t\tdata-wp-style--right=\"state.imageButtonRight\"\n\t\t\tdata-wp-style--top=\"state.imageButtonTop\"\n\t\t>\n\t\t\t<svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"12\" height=\"12\" fill=\"none\" viewBox=\"0 0 12 12\">\n\t\t\t\t<path fill=\"#fff\" d=\"M2 0a2 2 0 0 0-2 2v2h1.5V2a.5.5 0 0 1 .5-.5h2V0H2Zm2 10.5H2a.5.5 0 0 1-.5-.5V8H0v2a2 2 0 0 0 2 2h2v-1.5ZM8 12v-1.5h2a.5.5 0 0 0 .5-.5V8H12v2a2 2 0 0 1-2 2H8Zm2-12a2 2 0 0 1 2 2v2h-1.5V2a.5.5 0 0 0-.5-.5H8V0h2Z\" \/>\n\t\t\t<\/svg>\n\t\t<\/button><figcaption class=\"wp-element-caption\">CTO Realty Growth&#8217;s retail portfolio includes the 446,487-square-foot Plaza at Rockwall in Rockwall, Texas,.<br><em>Image courtesy of Yardi Matrix<\/em><\/figcaption><\/figure><\/div>\n\n\n<p>Madison Yards, a 162,500-square-foot retail destination in Atlanta has recently changed hands. CTO Realty Growth sold the asset for $73.3 million, <a href=\"https:\/\/www.bizjournals.com\/atlanta\/news\/2026\/06\/03\/madison-yards-sells-for-73-million.html\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">according to <em>Atlanta Business Chronicle<\/em><\/a>.<\/p>\n\n\n\n<p>Public records show that the LLC that bough the asset has listed its place of business as Heitman Capital Management&#8217;s Chicago headquarters and its manager the Tennessee Consolidated Retirement System, the publication shows. Crawford Square Real Estate Advisors will lease and manage the property.<\/p>\n\n\n\n<p>Located at 905 Memorial Drive SE within the Reynoldstown neighborhood in Southeast Atlanta, Madison Yards is close to Interstate 20 and about 2 miles from downtown Atlanta.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity has-very-light-gray-to-cyan-bluish-gray-gradient-background has-background is-style-wide\"\/>\n\n\n\n<p><strong>READ ALSO:\u00a0<\/strong><a href=\"https:\/\/www.commercialsearch.com\/news\/retail-market-trends\/\">Retail Industry Trends<\/a><\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity has-very-light-gray-to-cyan-bluish-gray-gradient-background has-background is-style-wide\"\/>\n\n\n\n<p>The retail center came online in 2018 and has direct access to the Atlanta BeltLine railway. At the time of sale, the property was 97 percent leased, with Publix anchoring it. Tenants at the property provide food, entertainment and fitness services. It also has an AMC Theatre.<\/p>\n\n\n\n<p>Madison Yards is part of a mixed-use project built by Fuqua Development. The master plan also comprises 495 residential units, as well as office space and townhomes.<\/p>\n\n\n\n<p>Newmark Head of Retail Capital Markets Conor Lalor, Senior Managing Director Kyle Minter, Director James Sharpe and Associate Director Cameron Alexander represented the seller.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-atlanta-retail-sector-stabilizes\">Atlanta retail sector stabilizes<\/h2>\n\n\n\n<p>Atlanta\u2019s retail market is stabilizing, shaped by cautious tenant demand and a slower leasing environment, according to a Colliers report. Following a strong stretch in 2025, investor activity has remained measured so far this year, with cap rates holding steady amid elevated borrowing costs. The average price per square foot increased quarter-over-quarter in the first three months, rising from $175 to $177, but was flat year-over-year.<\/p>\n\n\n\n<p>Another notable retail transaction in the metro since the start of the year was <a href=\"https:\/\/www.commercialsearch.com\/news\/ta-realty-pays-55m-for-atlanta-retail-asset\/\">TA Realty\u2019s purchase of Peachtree Station<\/a>, a 106,388-square-foot property. Harrison Street Asset Management sold the property for $55.4 million.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The property traded for about $451 per square foot.<\/p>\n","protected":false},"author":3355,"featured_media":1004782278,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1489,21783,21742,21749,32781],"tags":[51752,37950],"class_list":["post-1004801089","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-atlanta","category-investment","category-latest","category-retail","category-southeast","tag-cto-realty-growth","tag-heitman-capital-management"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>CTO Realty Sells Atlanta Retail Asset for $73M - Commercial Property Executive<\/title>\n<meta name=\"description\" content=\"CTO Realty Growth sold Madison Yards, a 162,000-square-foot retail center in Atlanta, for $73.3 million, about $451 per square foot.\" \/>\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\/cto-realty-sells-atlanta-retail-asset-for-73m\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"CTO Realty Sells Atlanta Retail Asset for $73M\" \/>\n<meta property=\"og:description\" content=\"CTO Realty Growth sold Madison Yards, a 162,000-square-foot retail center in Atlanta, for $73.3 million, about $451 per square foot.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/cto-realty-sells-atlanta-retail-asset-for-73m\/\" \/>\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=\"2026-06-05T11:04:39+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2026-06-05T11:04:41+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/12\/Plaza-at-Rockwell-in-Rockwall-Texas-edited.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"640\" \/>\n\t<meta property=\"og:image:height\" content=\"480\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Vicentiu Fusea\" \/>\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\/cto-realty-sells-atlanta-retail-asset-for-73m\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/cto-realty-sells-atlanta-retail-asset-for-73m\/\",\"name\":\"CTO Realty Sells Atlanta Retail Asset for $73M - 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