Recently renovated Parkway Pointe changes ownership

Atlanta -- FCA Partners announced the acquisition of Parkway Pointe, a 196,664-sq.-ft. retail center located in Atlanta. The property was purchased for $43.9 million from Stockbridge Capital on June 25.



Parkway Pointe retailers include AMC Theatres, Main Event Entertainment, Taco Mac, Copeland's of New Orleans, Pier 1 Imports and Roam. The center is situated one mile from SunTrust Park, the future home of the Atlanta Braves and two miles from 18 million sq. ft. of office space. Within a five-mile trade area there are over 200,000 residents with an average household income exceeding $90,000.



“Parkway Pointe offers us the opportunity to acquire another Atlanta shopping center in an extremely high quality, infill location,” explains Albert Lindemann, managing partner of FCA Partners.