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| Chip Sipple |
ATLANTA, GA – Lincoln Property Company Southeast (Lincoln)
and SRS Real Estate Partners have arranged the $15.7 million sale of Venture Pointe, a 335,151-square-foot
power center located in Duluth, Georgia.
Tony Bartlett
and Chip Sipple of Lincoln and Kyle Stonis and Pierce Mayson of SRS represented the seller, Wells Fargo Bank,
N.A., in the transaction, which took place through Auction.com. Angkawijana LLC
purchased the property, which is anchored by Kohl’s, Big Lots and Golfsmith.
“Venture Pointe garnered
significant interest from the investment community because of its strategic
location and significant value-add potential,” said Bartlett, senior vice
president at Lincoln who oversees the firm’s Atlanta office.
Located at 3960 Venture
Blvd. in Duluth, the property benefits from its location at the Steve Reynolds
Boulevard exit for I-85. Venture Pointe is strategically positioned within a
significant retail corridor, located adjacent to PGA Superstore and Dave &
Buster’s.
For a complete copy of the company’s news release,
please contact:
Savannah Duncan
The Wilbert Group
404-343-0870
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