Reported Oct 20, 2026 · Source: PR Newswire
Towne Center Prado is a retail sale in Cobb (Cumberland / Vinings / Marietta / Kennesaw), Atlanta. Other details we have: buyer Pine Tree with a large international investor (sponsor interest); seller SITE Centers; price Portfolio appraised at $644M (10 properties; not allocated); size 3.5M SF portfolio. PR Newswire reports: “Towne Center Prado (Atlanta, GA).” PR Newswire reports: “20, 2026 /PRNewswire/ -- Pine Tree, a national owner and operator of open-air shopping centers, announced that it has acquired sponsor interest in a 10-property portfolio recently appraised at $644 million and totaling 3.5 million square feet.”
Quoted from the article; the other facts come from our own deal listing.
Read the full report at PR Newswire. What the article says:
Towne Center Prado (Atlanta, GA).
20, 2026 /PRNewswire/ -- Pine Tree, a national owner and operator of open-air shopping centers, announced that it has acquired sponsor interest in a 10-property portfolio recently appraised at $644 million and totaling 3.5 million square feet.
The interest was acquired from SITE Centers (NYSE: SITC) in partnership with a large international investor.
Article date: 2026-10-20T16:30:00+01:00
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