ROSWELL, GA—Principal Real Estate Investors of Des Moines, IA, has acquired Coleman Village, a 90,958-square-foot, grocery-anchored retail center in this Atlanta suburb.

The transaction was announced by HFF, which closed the $15.8-million sale. The firm marketed the property on behalf of the seller Wharton Realty Group of Eatontown, NJ. HFF officials state that Principal Real Estate Investors purchased the asset free and clear of existing debt. Wharton Realty Group was represented by an HFF team led by Managing Directors Jim Hamilton and Richard Reid.

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