Inman

Weingarten bags Georgia retail, industrial centers

Weingarten Realty Investors purchased Village Shoppes of Sugarloaf, in Lawrenceville, Ga., and Southside Industrial Parkway, in Atlanta.

The total value of the transactions was not disclosed.

Village Shoppes of Sugarloaf, located at the northwest corner of Sugarloaf Parkway and Five Forks Trickum Road, is a 147,800-square-foot shopping center anchored by Publix. It was 98 percent occupied at the time of sale. Other tenants include Hollywood Video and Washington Mutual.

Southside Industrial Parkway is a 72,000-square-foot industrial center located at the southeast corner of Southside Industrial Parkway and Jonesboro Road. The property was 100 percent leased at the time of sale.

Weingarten Realty Investors is a Houston, Texas-based real estate investment trust.

***

What’s your opinion? Send your Letter to the Editor to newsroom@inman.com.