Westwood Financial Corp Purchased Abbotts Bridge Station Shopping Center

Atlanta, GA (June 17, 2008) - Germania of America Inc. recently sold Duluth’s Abbotts Bridge Station to California-based Westwood Financial Corp. The class A shopping center is anchored by Super H Mart, a New Jersey-based Korean specialty grocer, which is subleasing its space from Kroger. Other retailers in the center include Rite Aid, Blockbuster and Metro City Bank. 

CB Richard Ellis Inc.’s Christopher J. Decouflé and Kevin B. Reavey represented Germania. CBRE’s Van Wehr and Scott Lewis arranged financing for Westwood in their acquisition of the property. The 83,391-square-foot shopping center,  located at the intersection of Medlock Bridge Road and Abbotts Bridge, traded for $18.6 million, or about $224 per square foot.

Germania of America, Inc. and its partners own and manage real estate throughout North America.