Australian co. buys retail center near Atlanta

Gains 170,000-plus square feet

Don't miss the real estate event of the summer
Join 4,000 real estate pros at Connect SF, Aug 7‑11, 2017

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. ...