Name tenants at the 100%-leased center in the Brookhavenresidential submarket are Publix, CVS Pharmacy, Hair Cuttery and aHollywood Video building located on an outparcel. The Atlantaoffice of Trammell Crow Co. negotiated for the seller.
Julian LeCraw & Co. is one of Atlanta's most activedeveloper-investor groups. In December 2005, the company bought the674-unit Archstone Perimeter Center in Dunwoody from ArchstoneSmith of Englewood, CO for $57.28 million or $86,476 per unit.
In January 2004, the developer paid $2.6 million, or $1.04million per acre ($23.88 per sf), to Metal Asset Acquisition LLCfor a prime 2.5-acre site at 1001 Marietta St. Julian LeCraw isdeveloping the 128-unit M-Squared condo community on the site.GlobeSt.com previously reported both transactions.
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