Nuveen Real Estate acquires grocery-anchored retail center in Atlanta MSA
Nuveen Real Estate acquired Peachtree Crossing, an 80,748-square-foot, grocery-anchored retail center located within the Atlanta MSA in Peachtree City, Ga.
JLL represented the seller, Harbour Real Estate Partners.
Built in 1978 and renovated in 2011, the property is 100 percent occupied by an array of retailers, such as Peachtree City Eye Center, Bintelli Golf Carts, Heirloom Market, Mina’s Hallmark, Hollywood Feed, Campanile’s Home Inside & Out, Georgia Shrimp Company, W. Daly Salon and one of the top-performing Fresh Market stores in Georgia.
Located at 100 N. Peachtree Parkway, Peachtree Crossing is in the master-planned Peachtree City, which is known for its network of golf cart paths for an alternative mode of transportation, and it is also adjacent to Flat Creek Country Club. The center is located along Highway 54, offering traffic counts of 27,100 vehicles per day, and Hartsfield-Jackson Atlanta International Airport is 15 miles north of the prope