Cushman & Wakefield has arranged the sale of Brookwood Marketplace, a 199,594-square-foot Super Target shadow-anchored center located in Suwanee, Georgia. Fain Hicks and Mark Gilbert of Cushman & Wakefield represented the seller, Weingarten Realty, in the transaction. A private individual acquired the property.
“Brookwood Marketplace is a high-quality, established community shopping center serving the high-growth, affluent trade area of Suwanee, with an average annual household income exceeding $150,000 within the trade area,” Hicks said. “The offering presented the unique opportunity to acquire a Super Target shadow-anchored property and a Home Depot ground lease.”
Located at 2615-2635 Peachtree Parkway, the property is 98.5% leased and is anchored by The Home Depot, Bed Bath & Beyond and OfficeMax. Super Target shadow anchors the center, which includes a Verizon Wireless single tenant outparcel.