CBRE Arranges $12.3 Million Sale of Walgreens-Anchored Center in Atlanta

by Camren Skelton

Atlanta — CBRE has arranged the $12.3 million sale of Shops at Cascade & Fairburn, a 45,279-square-foot shopping center in Atlanta.

Chris Decouflé, Craig Taylor, Kevin Reavey and Kevin Hurley of CBRE represented the seller, GDC Cascade LLC, in the transaction. The buyer was 1195 Fairburn Road LLC. A freestanding Walgreens anchors the Shops at Cascade & Fairburn, which was constructed in 2004. The center was 91.2 percent leased at the time of sale to tenants including Workout Anytime, Great Expressions Dental, Metro PCS and Domino’s Pizza.

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