Business

InvenTrust buys Georgia retail center for $11 million

Posted February 28, 2020 12:00 am

DOWNERS GROVE - InvenTrust Properties Corp. said it has acquired Trowbridge Crossing, a 62,600 square foot center in Sandy Springs, Georgia, for $11 million.

Trowbridge Crossing is anchored by longtime tenant Publix. The center features national tenants including the U.S. Postal Service, Great Clips, T-Mobile and Domino's Pizza, as well as other retailers and restaurants. The property is 100% leased and was recently upgraded with new LED lights to improve energy efficiency and illumination for the center.

"Trowbridge Crossing brings a strong performing Publix-anchored center to our portfolio in a desirable submarket of Atlanta," said Christy David, Chief Investment Officer for InvenTrust. "Sandy Springs is home to several corporate headquarters, including UPS and Mercedes-Benz USA, and supports favorable demographics."

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