Jamestown Acquires Fountain Oaks Retail Center From EDENS In Atlanta For $48M

A 160,000-square-foot retail property located at 4920 Roswell Road in Atlanta, GA, was sold for $48 million in a transaction between Jamestown and EDENS. The property, known as Fountain Oaks, is a shopping center that underwent renovation in 2003. It is currently 98 percent leased and features a Kroger supermarket as its anchor tenant.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $48,000,000
• Buyer: Jamestown
• Seller: EDENS
• Address: 4920 Roswell Road, Atlanta, GA
• Market: Atlanta, GA
• Square Footage: 160,000
• Price Per Square Foot: $300

The acquisition of Fountain Oaks by Jamestown marks a significant deal in the retail real estate sector. EDENS, the seller, completed the transaction with Jamestown for the property, showcasing the active involvement of key industry players in the commercial real estate market.