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With this week’s acquisition of Indian Hills in Calhoun, Ga., Halpern Enterprises has raised its profile in Southeastern states to 52 centers.
The 133,000-sq.-ft. outdoor center houses Tractor Supply, Hibbett Sports, Chick-fil-A, and GNC and is situated next to Mohawk Industries, which employs 3,400 people.
Previously anchored by Walmart and Ingles, Indian Hills offers a 32,000-sq.-ft. anchor opportunity along with a 25,200-sq.-ft. junior anchor space and 16,800 sq. ft. of retail and restaurant space.
“Indian Hills is an ideal value-add acquisition for us,” said Matthew Oppenheimer, Halpern’s acquisitions director. “The shopping center sits on fundamentally sound real estate, is located in a thriving retail corridor and presents significant upside opportunity through lease-up of vacant space.”
Atlanta-based Halpern is a family owned and operated company specializing in grocery-anchored centers.
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