Australian co. buys retail center near Atlanta

Gains 170,000-plus square feet

BridgePointe Advisors recently negotiated the sale of Conyers Plaza I and II, a two-phase shopping center in Conyers, Ga. The total value of the transaction was not disclosed. Built in 1996, Conyers Plaza I is an 119,659-square-foot property shadow anchored by Wal-Mart Supercenter and Home Depot. Conyers Plaza II, built in 2001, is a 51,783-square-foot asset shadow anchored by Office Depot and Up the Creek restaurant. An Australian-based investment manager purchased the property from an unidentified private market developer. ...