Inman

Joint venture buys Georgia mall

CB Richard Ellis’ Retail Investment Properties Group represented P&W Headland LLC in the sale of the Headland-Delowe Shopping Center, a 96,814-square-foot grocery-anchored retail center in East Point, Ga.

The value of the transaction was not disclosed.

Originally built in 1964 and redeveloped in 1982, Headland-Delowe Shopping Center is anchored by a Save-Rite grocery warehouse.

CHK & Associates and DKK & Associates partnered together to purchase the property.

Los Angeles-based CB Richard Ellis is a global commercial real estate services company.

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