Australian co. buys retail center near Atlanta

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.

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