Less than 20,000 square feet of space remains at redeveloped, iconic retail mainstay.
FCA Partners, a Charlotte-based real estate investment management company, announces Sephora as the latest headliner to join the tenant line-up at The Exchange, one of Buckhead’s longest-standing retail centers in Atlanta’s premier shopping district. An extensive redevelopment that included new facades, unique materials and architectural upgrades, revitalized the 44,500-square foot center at Peachtree Rd. and Grandview Ave.
“Totally reinvented from its 60’s vintage self, The Exchange is now attracting new, eclectic and trendsetting names,” explains G. Win Kelly, principal and director of acquisitions of FCA Partners. “Like others, Sephora points to the center’s high visibility, ease of access, connectivity and ample parking as key reasons to open its second Buckhead location at The Exchange.” Sephora’s Lenox Square Mall store will remain open.
Sephora, scheduled to open early summer, will occupy the 4,800-square foot corner unit along Peachtree Road adjacent to YEAH! Burger that will be under construction this spring. The beauty trailblazer joins SculptHouse, Storico Fresco Alimentari, Kohler, Kale Me Crazy, Posh Nails and Cherry Blow Dry Bar – all of which are now open. FCA is currently in negotiations with several additional tenants.
“FCA has been extremely selectivewith our leasing in order to assemble just the right, cohesive tenant mix that adds value not only to the community, but also to the shopping center,” adds Kelly.
Currently 56% leased, The Exchange has approximately 19,000square feet available. According to Stephanie McCall of The Shopping Center Group, the exclusive leasing agent for the retail center, the remaining space is ideal for purveyors of fashion, accessories, home furnishings, boutiques and high-end jewelry.
About FCA Partners
Originally conceived as a division of Faison Enterprises, FCA Partners LLC has invested over $600 million in equity on behalf of institutional capital since its mid-1990s inception. Operating as Charlotte, NC-based FCA Partners since 2014, the employee-owned real estate investment management company currently manages a $1 billion portfolio of 26 retail, office and multi-family assets across eight states. The firm focuses on creating value for its clients by investing directly or with partners in commercial real estate in the high growth markets of the Mid-Atlantic, Southeast and Texas. More information is at fcapartners.com.
