Atlanta

“Population growth in Atlanta has made grocery-anchored retail assets extremely attractive to investors,” says JLL's Margaret Caldwell.

"Atlanta provides a wealth of opportunities for us,” says IOV's Tom Barbera. “We will continue to focus our efforts in this top-notch market.”

“The offering at AFC with the newly available space provides an opportunity to enhance the overall property ecosystem while ensuring seamless operations efficiently and fiscally,” says Transwestern's Greg Frankum.

The combined corporate entity will own and operate nearly 20 million square feet of permanent showroom space in Las Vegas, High Point and Atlanta.

In mixed-use developments, street activation is key, says Columbia Development's director of leasing, Ron Pfohl.

The REIT has partnered with several institutional investors for the deal, including BTG Pactual Timberland Investment Group, Highland Capital Management, Medley Management and a major Canadian institutional investor.

“Proven rent premiums for redeveloped units in this market make the community an excellent opportunity for a value-add addition to our portfolio,” says Wilkinson Corporation's George Waymire.

Built in 2010, the two-story facility is 31,764 square-feet and situated along Towne Lake Parkway, within a medical office cluster in one of the main retail corridors in Woodstock.