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| Woodstock Square Shopping Center, Woodstock, GA |
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| Sean Patrick |
Dallas-based Tabani Group Inc. purchased the neighborhood shopping center,
located on GA Highway 92 about 1.5 miles from the city of Woodstock's historic
downtown.
Ackerman Retail Senior Vice President Sean Patrick
and Vice President Stephen Lapierre represented ownership in the
transaction.
“This was a great opportunity for a buyer seeking a well-leased, recently
improved shopping center in a submarket experiencing tremendous growth,” said
Ackerman Retail President Leo Wiener, who leads the disposition effort
for the Charles S. Ackerman estate’s retail properties.
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| Stephen LaPierre |
Located approximately 25 miles north of Atlanta, the 93% leased Woodstock
Square is anchored by Stars & Strikes Entertainment Center and features a
wide range of national and local tenants, including Subway, Goodyear Auto
Service, Philly Connection cheesesteaks, Bub-Ba-Q barbecue restaurant, Stevie
B’s Pizza Buffet, BSN Sports, U.S. Army Recruiting Center and more. Recent
improvements at the center include replacement of its roof.
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| Leo Wiener |
The busy GA Highway 92 corridor, the submarket’s main business and retail artery, boasts retailers such as Sam’s Club, The Home Depot, Lowe’s, Target, Goodwill, Starbucks, QuikTrip, Krispy Kreme, Starbucks and Chick-fil-A.
CONTACT:
Steve Webb
Marketing Research Coordinator
P: 678.993.2935 F: 770.913.3966
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Ackerman & Co.
10 Glenlake Parkway, South Tower, Suite 1000
Atlanta, Georgia 30328
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