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ATLANTA-Seffner, FL-based Rooms To Go has paid $2 million or $800,000 per acre ($18 per sf) for a 2.5-acre outparcel, one of several sold to restaurant and retail entities adjacent to the Mall at Stonecrest in Lithonia, GA. A 24,910-sf Rooms To Go store will locate on the site.

Another furniture retailer, Danbury, CT-based Ethan Allen, purchased a 1.64-acre outparcel for $850,000 or $517,661 per acre ($11.88 per sf) and plans an 18,000-sf building.

These are in addition to the 2.19-acre parcel purchased in June by Orlando-based Darden Restaurants Inc. for an 8,113-sf Olive Garden restaurant location. Darden paid $1.4 million or $639,561 per acre ($14.68 per sf) for the land.

Locally based Stonecrest Land Investment is the seller of the outparcels. Kathy Thirolf of Wheeler Kolb Management Corp., Atlanta, represented Stonecrest.

The 1.2-million-sf Mall at Stonecrest opened in October 2001and is 100% leased. Among the tenants are Dillard’s, Parisian, Rich’s, Sears, JC Penney and a 16-screen, stadium seat MegaStar Cinema.

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