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Invesco Real Estate Acquires Georgia Crossing Retail Center In Buford For $82.3 Million

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SOLD
$82,300,000

Georgia

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Retail317,301 SF
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Invesco Real Estate Acquires Georgia Crossing Retail Center In Buford For $82.3 Million

3205 Woodward Crossing Boulevard

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Retail317,301 SF
Sold
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Summary

GEORGIA
Asset Type:Retail
Price Per Square Foot:$259
Total Square Footage:317301 SF
Transaction Type:Sale

Invesco Real Estate has acquired a retail center located at 3205 Woodward Crossing Boulevard in Buford, GA. The sale was finalized on July 22, 2025, for a price of $82,300,000. The property spans 317,301 square feet and was sold at a price per square foot of $259. This fully leased retail center, known as Georgia Crossing, features key tenants including Target, TJ Maxx, and Home Goods, and is situated on a 30-acre site with high traffic near the Mall of Georgia.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $82,300,000
  • Address: 3205 Woodward Crossing Boulevard
  • Market: Buford, GA
  • Asset Size: 317,301 square feet
  • Price per Square Foot: $259
  • Buyer: Invesco Real Estate
  • Seller: Washington Prime Group
  • Broking Representatives: Jim Hamilton, Brad Buchanan & Andrew Kahn - JLL

Jim Hamilton, Brad Buchanan, and Andrew Kahn from JLL represented the buyer, Invesco Real Estate, in this transaction. Their expertise in the retail sector facilitated the acquisition of this strategically located asset, contributing to Invesco's portfolio in the market.

Players

Jim Hamilton
27 deals$1.1B volume
BROKER

Brad Buchanan
JLL
26 deals$808.3M volume
BROKER

Andrew Kahn
JLL
14 deals$452.9M volume
BROKER

JLL
BROKERAGE

Details

SOLD
IMAGE: 07/22/2025 ADDRESS: 3205 Woodward Crossing Boulevard MARKET: Buford, GA ASSET TYPE: Retail BUYER: Invesco Real Estate BROKERS: Jim Hamilton, Brad Buchanan & Andrew Kahn - JLL SALE PRICE: $82,300,000 SF: 317,301 ~ PPSF: $259 NOTE: Invesco Real Estate bought Georgia Crossing, a fully leased 317,301-square-foot retail center near Mall of Georgia, for $82.3 million from Washington Prime Group. The property features major tenants like Target, TJ Maxx, and Home Goods, and is situated on a high-traffic 30-acre site in Buford.

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Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

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