Viking Partners Fund I Buys Scenic Square Shopping Center

By GlobeSt News Hub

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SNELLVILLE, GA-Viking Partners Fund I LLC, a Blue Ash-based private equity real estate firm, has bought Scenic Square Shopping Center, a shopping center containing more than 70,000 square feet of space in Snellville, a suburb of Atlanta. Occupiers in the development include Michael's, Kohl's, Publix and Target.

Viking Partners acquired the non-performing note on the property. The company is planning to reduce overall operating costs and increase the occupancy in the center. The Snellville deal is the sixth acquisition for Viking in 2011. For the full story, go to Business Courier Serving Greater Cincinnati .

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Categories: Southeast, Retail, Acquisitions/Dispositions, Sales, Scope, Atlanta