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.

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."

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.