By Corey E. Boyer Wilshire Capital Group, a real estate investment company based in Santa Monica, CA, acquired the Shenandoah Plaza from RCG Ventures, a privately funded real estate investment and development company based in Atlanta, for $10.88 million, or about $74 per square foot.
The retail strip mall delivered in 1987 at 216 Bullsboro Dr. in Newnan, GA, just east of I-85. It totals 146,141 square feet and is anchored by Big Lots and Dollar General, according to CoStar information.
Kyle Stonis and Pierce Mayson of SRS Real Estate Partners represented the seller.
Please see CoStar COMPS #2763964 for more information on this transaction.