ATLANTA-As it expands its retail horizons on the Southeast, Rothenberg-Rosenfield has snapped up Phase II of Centennial Village, a neighborhood shopping center in the Atlanta suburb of Roswell. Rothenberg-Rosenfeld paid $14.6 million for the retail asset.

Located on State Route 140, the 117,392-square-foot shopping center is home to Kohl’s, PETCO, Rite Aid and additional small retail tenants and restaurants. With the closing, Rothenberg-Rosenfield becomes the sole owner of Centennial Village, a 213,268-square-foot retail destination.

“We acquired Centennial Village II because it was an opportunity to strengthen our existing asset, Centennial Village I, a Kroger-anchored shopping center adjacent to the property,” Josh Rosenfield, director of Property Acquisitions at Rothenberg-Rosenfield, tells GlobeSt.com. “Together, Centennial I and II create a prominent presence in this prime retail corridor. Combined ownership affords strategic positioning within the marketplace and more control as a cohesive destination.”