Edens Sells Shopping Center in Metro Atlanta to InvenTrust for $44.2M

by Alex Tostado

MARIETTA, GA. — Edens, a retail REIT based in Columbia, S.C., has sold Sandy Plains Centre, a 124,546-square-foot shopping center in Marietta, to Chicago-based InvenTrust Properties Corp. for $44.2 million. The Kroger-anchored shopping center is situated about 25 miles north of downtown Atlanta. The shopping center underwent a $2.3 million renovation in 2015. Chris Decoufle and Kevin Hurley of CBRE represented the seller in the transaction.

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