Sembler plans retail project near East Atlanta Village
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The Sembler Co. is planning a retail project near East Atlanta Village.
The Florida company that’s developed Atlanta shopping centers such as Town Brookhaven has under contract several parcels at Moreland, Glenwood and Portland avenues near Delia’s Chicken Sausage Stand.
Sembler is planning roughly 20,000 square feet of retail space, according to J.P. Guzzardo, vice president of development and manager of the build-to-suit department for Sembler.
The project could include a pharmacy such as Walgreen’s. Guzzardo said he could not reveal tenants until leases were signed.
Sembler hasn’t been very active in Atlanta since its former market leads Jeff Fuquaand Heather Correa broke off in 2012 and formed a new company, Fuqua Development LLC.
But in an interview last November, CEO Ron Wheeler told Atlanta Business Chronicle the company was looking again for opportunities in the market and was especially interested in grocery-anchored shopping centers.
“We continue to be excited about the prospects in Atlanta,” Guzzardo said.
Amy Wenk covers hospitality, retail and restaurants.
Source: Sembler plans retail project near East Atlanta Village - Atlanta Business Chronicle
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