/
|
Invesco Real Estate has acquired Georgia Crossing, a 317,301-square-foot shopping center in Buford, Ga. Washington Prime Group sold the asset for $82.3 million, in a transaction arranged by JLL.
Completed in 1999 at 3205 Woodward Crossing Blvd., Georgia Crossing consists of six one-story buildings across a 30-acre site. The property has TJ Maxx, Home Goods and Target as anchor tenants on a roster that also includes Nordstrom Rack, Best Buy, Hobby Lobby, Staples, Cavender’s, Ulta Beauty, CVS Pharmacy and Starbucks. The retail center was fully leased at the time of sale.