The shopping center, situated on 11.27 acres in the Buckheadneighborhood, is anchored by Bed Bath & Beyond, TJ Maxx, DSW,Toys R Us and Old Navy. It was 90% leased at the time of the sale.It is located approximately one block from the 152,239-sf PiedmontPeachtree Crossing shopping center at 3330 Piedmont Rd., which isalso owned by Equity One.

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According to Equity One, 243,750 people live within a five-mileradius of Buckhead Station, with a median household income of$74,740. "Buckhead Station is a great addition to our portfolio,"says Equity One president and CEO Jeff Olson. "The strength of thishigh-income, infill location is reflected in the high sales thattenants report."

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As of the Dec. 31, Equity One owned or had interest in 179properties consisting of 166 shopping centers with approximately17.9 million sf, six development parcels and seven non-retailproperties. The company owns 24 shopping centers in the Atlantaarea.

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