Carnegie Companies is pleased to announce the acquisition of Plaza of Mableton, in Mableton, GA. This property is a grocery-anchored retail neighborhood center located in the Powder Springs submarket of Cobb County, within the Metro-Atlanta MSA. The property is anchored by a strong-performing Food Depot on a long-term lease. Food Depot, a proven operator with approximately 40 locations and over 40 years of industry experience, provides an excellent draw, creating synergy among the other tenants.
Mableton is 14 miles NW of Atlanta and offers residents a convenient commute downtown.
This acquisition provides Carnegie with an attractive, stable in-place yield, as well as long-term future upside in a growing market.
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