Sprouts Peachtree City – JLL announced the sale of The Shops at Lexington Circle on behalf of Mirabeland Investments and Concordia Properties. The 43,199-square-foot outdoor mall is located in the Atlanta suburb of Pete Tri City and is anchored by Sprouts Farmer’s Market. Coral Gables-based Riverstone Capital Group bought the asset.
“The Shops at Lexington Circle has attracted significant interest from the investment community as an emerging shopping center with an exciting food anchor,” Caldwell said.
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Jones said, “Affluent residents with a median household income of more than $128,000 are ideal tenants for Sprouts and the property.”
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The Lexington Circle Shops are located along West Highway 54, Peachtree City’s main retail corridor. Peachtree City is an award-winning upscale community located south of Atlanta. The area’s economy is booming, with many residents working for local companies and others moving to Atlanta. With the recent opening of Pinewood Studios, the largest studio complex outside of Los Angeles, within five miles of the Lexington Circle Shops, the space is set to continue to grow.
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