Business & Tech

2 Cobb County Shopping Centers Among 81 Sold In $1.3B Deal

Two Cobb County shopping centers are changing owners by the end of the month. They were part of a nationwide sale of 81 properties.

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Terrell Mill Village, located at the corner of Terrell Mill and Powers Ferry roads, and East West Commons, located at the corner of East West Connector and Austell Road, will have new owners by the end of March.
Terrell Mill Village, located at the corner of Terrell Mill and Powers Ferry roads, and East West Commons, located at the corner of East West Connector and Austell Road, will have new owners by the end of March. (Google Maps)

COBB COUNTY, GA — Two Cobb County shopping centers are part of a $1.3 billion sale of 81 shopping centers across the U.S., according to the Marietta Daily Journal.

Terrell Mill Village, located at the corner of Terrell Mill and Powers Ferry roads, and East West Commons, located at the corner of East West Connector and Austell Road, will have new owners by the end of March.

Los Angeles-based real estate group CIM sold the properties to Necessity Retail REIT, a New York-based real estate investment trust, the MDJ reported.

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