CARTER ROLLS TIDE

A couple a hundred miles outside of Atlanta, Carter brokered two prominent retail sales. Drew Fleming  and  Mark Joines, with the retail sales group, arranged the sale of Grandview Pines, a 78K SF shopping center in Millbrook (a suburb of Montgomery) to an unnamed private equity group  out of New York that paid $3.7M, and assumed an existing mortgage on the property. The nearly full center is anchored by Tractor Supply Co. The Carter duo also brokered the sale of Pelham Plaza in Jacksonville, Ala., a 72K SF center, to another private equity group for $1.9M. Tenants at Pelham Plaza include Sav-A-Lot, Aaron's Sales & Leasing, Dollar General, and Hibbet Sports. 

Continue reading this story with a free account

Log in or register
Sign up for more articles like this
Subscribe to Bisnow's Atlanta Newsletters
Related Stories

Denver Public Schools' $11M Centennial Hall Purchase Marks Rare Land Sale For ULC

Brandywine Plans To Sell $200M Worth Of Properties In 2027

Pennsylvania Reveals Draft Map Of Areas To Benefit From Opportunity Zones 2.0

Cresa Taps Nathan Knowles As Atlanta Market Leader

Developer Of $3.8B Atlanta Project Discloses $19M Accounting Error

Inter Miami Stadium Subcontractors Sue Over Millions In Unpaid Work

Meet The Women Pushing Boundaries In UK Development

Despite Foreclosure Litigation, Kaufman Astoria Studios Is Bouncing Back

How Flash Is Turning Parking Into A Performance Asset For CRE Owners

TruAmerica Buys Dunwoody Apartments: The Atlanta Deal Sheet

Hospital Construction Costs Are Climbing. Atlanta's Healthcare Systems Keep Building

Howard Hughes Texas President Jim Carman To Step Down