Ardent Buys 360,000 SF Perimeter Pointe in Metro Atlanta, Plans Mixed-Use Redevelopment

SANDY SPRINGS, GA.  — The Ardent Cos. has acquired Perimeter Pointe, a 360,000-square-foot retail property located in Atlanta’s Central Perimeter submarket of Sandy Springs. The locally based owner plans to transform the property into a mixed-use development. Renovations will include the prioritization of walkability and accessibility, an improved tenant lineup, the lease-up of vacant space and remerchandising the existing tenant mix. The redevelopment will also feature the addition of a multifamily component to the property. Current tenants at Perimeter Pointe include Five Below, Office Depot, Dick’s Sporting Goods and HomeGoods. Located at the corner of Mount Vernon Highway and Abernathy Road, the shopping center features immediate proximity to Ga. Highway 400 and onsite connection to the Sandy Springs MARTA station.