SHANE INVESTMENT PROPERTY GROUP BROKERS SALE OF MICHAEL’S-ANCHORED CENTER

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SNELLVILLE, GA. — Shane Investment Property Group has brokered the $4.6 million sale of Scenic Square, a 70,060-square-foot shopping center in Snellville, a suburb of Atlanta. The center is 87 percent leased and is anchored by Michael’s, which recently signed a 10-year lease renewal. Elliott Kyle of Shane Investment Property Group represented the buyer, Adams Scenic Square LLC, in the transaction. Dan Cooper of Cooper Commercial Investment Group represented the seller, Cincinnati-based Viking Partners. Sam Perlman of Adams & Co. Real Estate will handle the leasing for Scenic Square going forward.

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