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Halpern bumps Southeast portfolio to 52 centers

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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