Sale of Grocery-Anchored Center in Atlanta’s Growing Northern Arc

 

Canton, GA — Matthews Real Estate Investment Services™, a commercial real estate investment services and technology firm, facilitated the sale of Woodmont Village, a neighborhood shopping center located at 8012 Cumming Highway, Canton, GA. Matthews™ Senior Vice Presidents Kyle Stonis and Pierce Mayson and Associate Vice President Boris Shilkrot facilitated the transaction.

 

The property, built in 2002 and featuring 85,639 square feet, was purchased by Aubuchon Realty Company, INC. Anchored by an established Kroger, reporting excellent sales, and offering a full suite of services, including an in-store Starbucks, drive-thru pharmacy and on-site fuel center. The tenant roster comprises over 75% of national credit retailers, along with a plethora of national outparcel draws.

 

Situated along the highly affluent and growing northern arc of Atlanta with frontage along Cumming Highway (GA-20). The center benefits from its location within a central economic corridor, offering convenient access to a variety of retail, dining, and service options. Supported by strong demographics and ongoing regional growth, the property serves as a one-stop retail destination for the surrounding community.

 

“This sale reflects strong investor interest in grocery-anchored centers within growing Atlanta submarkets,” Stonis said. “Woodmont Village’s mix of essential retailers and Kroger’s market leadership make it a key destination for the community.”

 

For more information or to contact a Matthews™ specialized agent, please visit
www.matthews.com.

 

About Matthews™

Matthews Real Estate Investments Services™, a commercial real estate investment services and technology firm, holds recognition as an industry leader in investment sales, leasing, and debt and structured finance. Based out of Nashville, TN, and strategically positioned with over 1,000 agents and employees in 25+ offices across the United States, Matthews™ continues to focus on expansion into new markets. For more information, please visit www.matthews.com.