Lincoln Property Company Southeast Acquires Kennesaw Value Add Retail Center
Staff Report From Metro Atlanta CEO
Tuesday, February 18th, 2020
Lincoln Property Company Southeast (Lincoln) has acquired in partnership with Stockbridge, Barrett Pavilion, a 458,740-square-foot, value add retail center located within Cobb County at Ernest W Barrett Parkway NW and Cobb Place Boulevard NW in Kennesaw, Georgia.
Lincoln and Stockbridge have plans to reinvigorate the center through strategic leasing, densification and repurposing of some of the existing boxes. “Barrett Pavilion is situated within a robust trade area and surrounded by strong demographics,” said Lincoln’s Chip Sipple, vice president. “We look forward to contributing to the ongoing success of the center by creating a more robust retail and entertainment environment which will appeal to a broader demographic.”
Barrett Pavilion is the Kennesaw trade area’s largest power center, situated at the key intersection of the retail corridor. Due to its close proximity to Kennesaw State University and Kennesaw Mountain, the center draws strong daytime traffic. Barrett Pavilion also offers convenient access from I-75 and I-575. Several of the featured retailers include AMC Theatres, Best Buy Outlet, buybuy BABY, Chick Fil-A, Georgia Patio, Hampton Inn, JOANN, Old Navy, REI, Shoe Carnival, Target, Ted’s Montana Grill, The Melting Pot, Total Wine & More and ULTA.
Located on 55 total acres and inside of the Town Center CID and the Town Center Regional Activity Center, Barrett Pavilion is positioned for many possibilities in an exciting location. Lincoln will manage the center and share leasing responsibilities with The Shopping Center Group.