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ATLANTA-Greensboro, NC-based Gruber, Tyler & Black Properties has purchased the Kroger-anchored Evans Crossing, a 92,051-sf shopping center in Augusta, GA. The previous owner is Jackson, FL-based Regency Centers Corp. The price was not disclosed, but GlobeSt.com research suggests it was in the $11.5-million, or $125-per-sf range.

Evans Crossing was built as a 76,580-sf center in 1993. In 2001, 15,471 sf of additional shops were added. Kroger supermarkets reportedly account for 25% of grocery expenditures throughout Georgia with the next strongest grocery player accounting for just a 7% share.

Evans Crossing was 98.5%-occupied at the time of the sale. A 7,100-sf Olson Tire store anchors the second phase of the center.

Among the tenants, in addition to Kroger and Olson, are Blockbuster Video, Subway, Hair Cuttery, Dollar Tree, Postnet, H&R Block and Domino’s Pizza. The Atlanta office of Trammell Crow Co., led by Whitney Knoll, senior vice president/retail, represented Regency in the transaction.

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