Oct
03
TSCG Closes Sale of Two Atlanta Retail Centers
ByThe properties feature 107,000 square feet of total leasing space and traded for $9.4 million.
Midway Family Festival, Cumming, Ga.
Atlanta—The Shopping Center Group has brokered the sale of two family lifestyle and sports-centric retail centers in north metro Atlanta. The assets offer a total of approximately 107,000 square feet of leasable space. Vishal Dacula LLC purchased Dacula Family Festival for $5.9 million and Midway Family Festival for $3.5 million. TSCG’s Neal Pringle and Mark Cooley represented seller Watkins Retail Group in both transactions.
Totaling 54,000 square feet, Dacula Family Festival is located along Auburn Road in Dacula, Ga., and features amenities such as an indoor swimming pool, a 200-foot baseball field, a full-size basketball court and an indoor flag football arena. The retail center‘s tenant roster includes TEBO Dentistry for Kids, Belle Nails, Taekwondo, Green Tea Restaurant, Little Caesars and Kids Up Indoor Playground + Party Center…
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