RCG-Marietta VII LLC Acquires Retail Property In Marietta, GA For $10M

A retail property located at 2949 Canton Rd in Marietta, GA has been sold in a transaction worth $10,000,000. The property spans an area of 143,081 square feet and was acquired by RCG-Marietta VII LLC. The buyer was represented by Kyle Stonis & Pierce Mayson from SRS' Investment Properties Group. The seller was Stebri Enterprises. The price per square foot was approximately $70.

Summary of transaction details

• Property Type: Retail
• Transaction Amount: $10,000,000
• Address: 2949 Canton Rd, Marietta, GA
• Market: Marietta, GA
• Buyer: RCG-Marietta VII LLC
• Seller: Stebri Enterprises
• Brokers: Kyle Stonis & Pierce Mayson - SRS' Investment Properties Group
• Square Footage: 143,081
• Price Per Square Foot: $70

Kyle Stonis & Pierce Mayson from SRS' Investment Properties Group played a crucial role as brokers representing RCG-Marietta VII LLC in the transaction. Their expertise and negotiation skills contributed to the successful acquisition. This deal highlights the continued interest and investment opportunities in the retail real estate market in Marietta, GA.