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Faison Opens Two Centers at 80% Leased

ATLANTA-The suburban sites mark the northeast corridor as path for future retail expansion.

By Carl Cronan | Updated on March 27, 2009

ATLANTA-Faison Enterprises Inc. says it has opened two regional shopping centers within the city’s suburbs at more than 80% leased: North Logan Commons in Loganville and Barrow Crossing in Winder. The Charlotte, NC-based retail developer says both centers mark the emergence of the northeast corridor as an expected path for future retail expansion.

“We adapted our development strategy to ensure we did not overbuild each market at present, but delivered centers based on existing rooftops with opportunities to expand as demand grows,” says Mike Cohn, Faison senior managing director. He adds that both regional centers meet current demand thresholds for their communities, rather than growth estimates.

North Logan Commons totals 350,000 square feet on 37 acres along US 78, also known as Atlanta Highway. Anchors include Lowe’s Home Improvement, Best Buy, Dick’s Sporting Goods, OfficeMax and PetSmart. The center opened 87% leased and provides residents in eastern Gwinnett and Walton Counties with accessible and affordable retail choices, according to Cohn.

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