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Sign in Sign up for a FREE subscriptionRCG Ventures JV sells regional power center in Atlanta
An affiliate of Atlanta-based RCG Ventures and a New York City–based joint venture partner have sold Stonebridge Square, a 160,391-square-foot regional power center anchored by Kohl’s and Michaels in the Atlanta-area community of Roswell, Ga.
Saglo Development Corp. of Miami acquired the property.
Home to anchor tenants Kohl’s and Michael’s, the 95 percent–leased Stonebridge Square’s tenant roster is rounded out by a diverse mix of national and regional tenants, including Mattress Firm, Redline Athletics, Nail Star, Honor Yoga, Stonebridge Cleaners, Alessio’s Restaurant & Pizzeria, and Pho Roswell Restaurant.
Stonebridge Square is positioned on 18.6 acres at 620 W. Crossville Road in Roswell, which is a highly sought-after and desirable metro Atlanta submarket due to excellent quality of life, low cost of living, strong education systems, nationally ranked healthcare facilities and proximity to major employment centers. More than 57,000 residen
