Nuveen Real Estate acquires neighborhood-oriented retail centers in Georgia, North Carolina

Nuveen Real Estate has acquired two neighborhood-oriented centers in high-barrier-to-entry submarkets of Atlanta and Charlotte, N.C. Financial terms were not disclosed.

The properties include Roswell Wieuca, a 74,370-square-foot grocery-anchored asset located in Atlanta’s most prestigious submarket, and Specialty Shops SouthPark, a 65,362-square-foot open-air lifestyle shopping center located in the heart of SouthPark’s office concentration in North Carolina.

Located in one of the highest-barrier-to-entry markets in Atlanta, Roswell Wieuca has been a neighborhood staple since 1954. The property offers a well-tenured tenant lineup. Preferred Apartment Communities previously acquired Roswell Wieuca Shopping Center, through its wholly owned subsidiary New Market Properties, in 2017.

Specialty Shops SouthPark is strategically located in the heart of SouthPark’s office concentration, surrounded by some of the most prestigious neighborhoods in Charlotte. The spe