ATLANTA-Edgewood Retail District has traded for $81.65 million. An affiliate of Toronto-based North American Development Group acquired the regional shopping center, which is located at the intersection of Moreland Avenue and Caroline Street.
Casey Rosen and Chris Decoufle of CB Richard Ellis' National Retail Investment Group Florida and Atlanta teams exclusively represented the seller. The seller was an affiliate of the Greensboro, NC-based Bell Partners.
A 531,287-square-foot, in-fill trophy shopping center, Edgewood Retail District is located two miles east of downtown Atlanta. It is the primary shopping destination for residents of east Atlanta’s highly desirable historic in-town neighborhoods.
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