Sterling Organization buys Georgia’s Merchants Walk shopping center for $93.2 million

  • Sterling Organization acquired Merchants Walk, a 271,992-square-foot Whole Foods Market-anchored shopping center in Marietta, Georgia, for USD 93.2 million.
  • Seller EDENS exited the asset; the deal was made through Sterling Value Add Partners IV, a USD 600 million equity value-add fund.
  • The center is 90% leased; about 26,000 square feet is vacant, creating near-term lease-up upside.
  • The property sits on about 30 acres at Roswell Road and Johnson Ferry Road in Atlanta’s East Cobb submarket.


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