The Ardent Companies (Ardent), a privately held real estate firm based in Atlanta, today announced the sale of the final retail parcel at East Village, a mixed-use redevelopment located along Holcomb Bridge Road in Roswell, Georgia. The transaction marks the completion of Ardent’s investment in the project.

Ardent acquired the 268,000 SF underperforming shopping center previously anchored by Target and completed a comprehensive strategic redevelopment over approximately five years. Major value-add initiatives at acquisition included the relocation of Dollar Tree, which enabled the subdivision of the property into distinct parcels for residential and retail uses. An early sale of the multifamily parcel addressed the growing housing demands of the East Roswell community, while a thoughtful re-tenanting strategy across the retail center drove tenant interest and participation. These efforts culminated in the property achieving 100% occupancy at the time of sale. The transaction reflects sustained demand for thoughtfully positioned retail that serves daily needs in fast-growing suburban communities.

“The disposition of our final retail parcels at East Village is an important milestone for the project and our investors,” said Ross Mehlman, Managing Director at Ardent. “From the outset, our focus was on reinventing the site to meet today’s consumer preferences, delivering high-quality commercial space that complements the onsite residential and supports long-term tenant success. The strong interest in these assets is a testament to the continued demand for well-located, neighborhood retail in established suburban markets like Roswell.

Located in North Fulton County, Roswell is one of metro Atlanta’s largest and fastest-growing suburbs, known for its strong demographics, highly rated schools and proximity to major employment centers. East Village is positioned along Holcomb Bridge Road, a key east-west corridor that connects residential neighborhoods with nearby retail, healthcare and business districts."

East Village today includes Averly East Village, a 335-unit apartment community and a 74-unit rental townhome community, Cardinal East Village. East Village’s retail component benefits from proximity to established healthcare providers, grocery stores and national retailers, reinforcing its role as a convenient neighborhood destination within the East Roswell area.

To learn more about Ardent, visit theardentcompanies.com.