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FCA Spends $44M on Atlanta Retail

ATLANTA—"FCA is bullish on Atlanta.”

By Jennifer LeClaire | Updated on July 24, 2015

ATLANTA—Parkway Pointe, a 196,664-square foot retail center in Atlanta’s Cumberland Galleria submarket, has traded hands. The retail asset sold for $43.9 million, or about $223 per square foot.

Recently renovated, Parkway Pointe is less than one mile from Sun Trust Park, the future home of the Atlanta Braves. It sits at the northeast quadrant of the intersection of Cobb Parkway and Cumberland Boulevard.

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