ATLANTA-Retail is following the rapid housing development in the south metro area, which had lagged behind the booming north side. The latest example is the sale of Chapel Hill Commons, a month-old, 101,000-sf property anchored by a Kroger supermarket in south DeKalb County.

Harbour Point Estates Inc. of Alpharetta, GA, 25 miles north of the city, paid developers Trammell Crow Co. and Faison Enterprises $12.4 million or $122.77 per sf for the asset. Only recently have developers entered the south side market with retail.

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