DEALS

Deals

Paradise Crossing – Lithia Springs, GA

The Palomar Team facilitated the sale of Paradise Crossing Shopping Center, a 67,470sf Publix anchored Shopping Center located outside of Atlanta in Lithia Springs, GA. The team represented the Buyer, a public non-traded REIT that invests in retail real estate properties specializing in grocery anchored centers.

The center, previously owned by the Simpson Organization, was over 95% occupied and has a mix of national, regional, and local tenants. Paradise Crossing intersects Lee Rd and Highway 92/Fairburn Road, which connects directly to Interstate 20, three miles away. The center had two vacancies totaling 2,800sf at the time of sale.

 

PROPERTY HIGHLIGHTS:

  • $9,000,000
  • 95% occupied
  • 67,470sf Publix anchored Shopping Center
  • Lithia Springs, GA