Address: 9520 GA-5, Douglasville, GA 30135
Description: Repositioning and renovation of 127,915 square foot former K-Mart anchored center into a power center anchored by Bealls, Burlington, Home Goods and Tile and Stone Express. Sold in 2021.
Equity Investment: $7,700.000
Investor Returns: 1.6x multiple and 14% IRR in 4.5 years.
