CenterSquare Investment Management Expands Presence in Atlanta MSA Through Acquisition of Barrett Creek Plaza

May 2024

May 14, 2024 – CenterSquare’s Essential Service Retail (ESR) team is thrilled to share our latest acquisition within the Atlanta MSA: Barrett Creek Plaza, a 28,481 sf ESR property located in Marietta, GA. Positioned between two signaled intersections on Ernest W Barrett Parkway NW, a major thoroughfare with a daily traffic volume exceeding 26,000 vehicles, this Property benefits from its strategic accessibility to Interstate 75 and 575 and close proximity to Kennesaw State University – the third-largest university in Georgia with over 45,000 students. A virtual panorama of the center and its surrounding area can be viewed here.

This three-building center is 100% leased to a diverse mix of national and regional tenants, providing an array of services to the community. Prominent tenants include T-Mobile, Chase Bank, Buffalo Wild Wings, Cheeseburger Bobby’s, Twisted Kitchen, and Puppyland. Other notable features include multiple end caps, patio seating, two outparcels, and a drive-through. Our investment in this shopping center seamlessly aligns with our strategy of acquiring e-commerce-resistant assets that provide communities with essential services within dense and affluent suburban submarkets. Barrett Creek Plaza is our 4th acquisition within the Atlanta MSA and 41st ESR acquisition nationally.