171
MADISON, ALA. — GBT Realty Corp. has acquired a 28-acre land parcel at U.S. Highway 72 near Wall Triana Highway in Madison for $6.3 million. The company plans to develop The Shoppes of Madison on the site. The retail center will include a 135,000-square-foot Target and 125,000 square feet of additional retail space. Completion is scheduled for spring 2012.