ATLANTA—Douglasville Commons, a 90,224-square-foot shopping center in the Atlanta suburb of Douglasville, GA, has traded hands. The sale price: $3.9 million.
Craig Taylor, senior vice president within CBRE's Investment Properties Retail Group, represented the seller, First City Servicing Corp. Taylor also secured the buyer.
"The shopping center was attractive to this out-of-state investor because of its strategic positioning near I-20 and its sustainable rent levels to credit tenants," Taylor tells GlobeSt.com. "Additionally Fairburn Road is being widened by the GA DOT and a traffic light will be added fronting the plaza."
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