ATLANTA, GA – Real estate developer Serota Properties has acquired a 465,993-square-foot, retail destination center in the Atlanta suburb of Conyers, GA for $82 million.

The firm purchased the super-regional asset from a joint-venture between Hendon Properties and Harbert Management Corp.

The 100% leased asset, Conyers Crossroads, is anchored by national tenants, including Kohl's, Belk, AMC, T.J.Maxx, Best Buy, HomeGoods, Michaels, Old Navy, Five Below and Shoe Carnival. The property's occupancy rate has averaged 97% during the past 10 years.

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Ingrid Tunberg

Ingrid Tunberg sits on the editorial team as a coordinator and reporter for Real Estate Forum and GlobeSt.com. She is responsible for writing stories, assisting with industry awards and marketing nomination events. Previously, Ingrid worked as a copywriter across various industries throughout New York City and Chicago.