REBusinessOnline

145,277-SQUARE-FOOT ALABAMA PLAZA PURCHASED FOR $9.1 MILLION

DECATUR, ALA. — Cambridge Investors has purchased the 145,277-square-foot Beltline Plaza from Chase Properties for $9.1 million. The shopping center, which is located on Route 67 in Decatur, was last renovated in 2003. Piggly Wiggly anchors the property, which is fully occupied by Office Depot, T.J. Maxx and Dollar Tree. Jim Koury and Nathaniel Heald of Jones Lang LaSalle’s Boston office brokered the transaction.

Content Partners
‣ Arbor Realty Trust
‣ Bohler
‣ Lee & Associates
‣ Lument
‣ NAI Global
‣ Northmarq
‣ Pavlov Media
‣ Walker & Dunlop

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