ATLANTA-Atlanta submarkets are seeing their fair share of retail deals as the fourth quarter begins to wind down. The next retail asset to trade could be Statesboro Square Shopping Center in Statesboro.
Cassidy Turley vice presidents Drew Fleming and Mark Joines are marketing the center. Anchored by Big Lots and Rentown, the 41,000-square foot center is debt free and 97% occupied. The shopping center’s tenants also include Peebles, Goodwill, Dollar General, and USA Discounters.
“The seller wants to return capital to its investors,” Joines tells GlobeSt.com. “We expect the relatively low price point and Big Lots credit to attract private equity and local buyers.”
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