Company Buys 2 Woodstock Shopping Centers

WOODSTOCK, GA — Lincoln Property Company Southeast has announced it has bought two shopping centers in the Towne Lake community of Woodstock. Lincoln has acquired the Shops at Towne Lake and Buckhead Crossing, the company said Wednesday.

Lincoln purchased the centers from Harbour Retail Partners on behalf of a private buyer. Chip Sipple of Lincoln handled the acquisition of the properties locally. Lincoln will assume the third party management of the properties for the new owner.

The Shops at Towne Lake is a 77,781-square-foot shopping center anchored by Sprouts Farmers Market and Tuesday Morning. Buckhead Crossing is a 23,745-square-foot strip center, and its tenants include Zoe’s Kitchen, Keegan’s Irish Pub, Pacific Dental, Sports Clips, Pet Supermarket, The Joint and La Parrilla. Both shopping centers are located across from each other along Buckhead Crossing.

“Located in the heart of the highly coveted Towne Lake Community, Shops at Towne Lake and Buckhead Crossing benefit from strong leasing momentum in the region and a dominant position near the Towne Lake interchange,” Sipple said. “These properties also boast a diverse and healthy tenant lineup, including specialty grocer Sprouts, that will continue to meet the needs of this vibrant and bustling region for years to come.”

With close proximity to Bells Ferry Road, Highway 92 and Woodstock’s Main Street the, Shops at Towne Lake and Buckhead Crossing are surrounded by high-traffic thoroughfares. Renovated in 2017, the retail properties offer a curated mix of today’s trending retail categories, including service, medical and fitness, Lincoln said.

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