LA Fitness Anchored 132,819-Square-Foot Retail Center in Metro Atlanta

Cushman & Wakefield has arranged the sale of Sandy Springs Crossing, a 132,819-square-foot, LA Fitness-anchored retail center located in Metro Atlanta in Sandy Springs. Mark Gilbert and Fain Hicks of Cushman & Wakefield’s Retail Investment Advisors represented the seller, a joint venture partnership between RCG Ventures Fund III and a Fund managed by DRA Advisors, LLC, in the transaction. FCA Partners acquired the property on behalf of its pension fund separate account client.

“The Sandy Springs Crossing offering presented buyers with the unique opportunity to acquire a well-seasoned, stable asset in an affluent, high-growth Atlanta submarket with attractive long-term repositioning opportunities,” Hicks said.

Sandy Springs Crossing, renovated in 2011, is currently 93 percent leased. Tenants include several favorite local retailers and restaurants including Rockler Woodworking, Nori Nori, Aldo’s, Canton Cooks,Club Champion, The Savvy Cellars and Bride Beautiful. Located at 6690 Roswell Road, the four-building shopping center is located at one of Sandy Springs’ busiest and most prominent intersections.

For more information on Cushman & Wakefield Atlanta’s Retail Investment Sales Team, visit our website.

About Cushman & Wakefield

Cushman & Wakefield (NYSE: CWK) is a leading global real estate services firm that delivers exceptional value for real estate occupiers and owners. Cushman & Wakefield is among the largest real estate services firms with 48,000 employees in approximately 400 offices and 70 countries. In 2017, the firm had revenue of $6.9 billion across core services of property, facilities and project management, leasing, capital markets, valuation and other services. To learn more, visit www.cushmanwakefield.com or follow @CushWake on Twitter.