The East Coast Retail Investment Team at Staubach CapitalMarkets repped Maxwell Properties and declined to release the caprate. The center is anchored by a Kroger supermarket and is 97%occupied, according to a Staubach spokesman. He tells GlobeSt.comthat the tenant roster includes Blockbuster, Moe's, Ace Hardware,Eckerd, and the US Postal Service. The lease rates range from $12to $28 per sf, he adds.

"Embry has a long and interesting history and over the years hasevolved into quite an attractive asset to investors," says KevinHurley, with Staubach Capital Markets, in a statement. He alsocites the center's location off I-285 at Chamblee Tucker Road as afactor in the deal. Hurley assisted in the deal with Whitney Knoll,executive vice president at Staubach.

"Since Kroger was built in 2001, its sales have skyrocketed,"Knoll adds. "It's a great location."