Joint venture buys Georgia mall

Save-Rite anchors property

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CB Richard Ellis' Retail Investment Properties Group represented P&W Headland LLC in the sale of the Headland-Delowe Shopping Center, a 96,814-square-foot grocery-anchored retail center in East Point, Ga. The value of the transaction was not disclosed. Originally built in 1964 and redeveloped in 1982, Headland-Delowe Shopping Center is anchored by a Save-Rite grocery warehouse. CHK & Associates and DKK & Associates partnered together to purchase the property. Los Angeles-based CB Richard Ellis is a global commercial real estate services company. *** Send tips or a letter to the editor to newsroom@inman.com or call (510) 658-9252, ext. 124....