USAA ACQUIRES GEORGIA SHOPPING CENTER FROM COLUMBIA PROPERTIES

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SUWANNEE, GA. — An affiliate of USAA Real Estate Co. has acquired a grocery-anchored shopping center in Suwannee from an affiliate of Marietta, Ga.-based Columbia Properties. Village Shoppes at Windermere is a 74,403-square-foot retail property. Its anchor is Publix, and the the remaining tenants comprise casual restaurants, salons and professional offices. Occupancy was nearly 100 percent at the time of closing. Columbia Properties will continue to manage the center. The purchase price was not disclosed.

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