Invesco Real Estate Acquires Georgia Crossing Retail Center In Buford For $82.3 Million
3205 Woodward Crossing Boulevard
$82,300,000
$259/SF
Building Size
317,301 SF
Asset Type
Retail
Closing
Jul 22, 2025
AI
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
Buford Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.19%
Cash-on-Cash
-0.06%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93