DOUGLASVILLE, Ga. — ALTO Real Estate Funds announced today that Arbor Square, a leading retail center in Douglasville, Georgia, has reached 100% occupancy following the successful execution of a strategic value-add business plan anchored by the addition of Lidl. The center’s tenant roster also includes national retailers such as HomeGoods, Burlington and Skechers.
Located at a signalized intersection with visibility to more than 43,200 vehicles per day and immediate highway access, Arbor Square has strengthened its position as a dominant retail destination within Atlanta’s western commercial corridor. The achievement reflects continued tenant demand for high-quality, necessity-based retail centers in high-growth Sun Belt markets.
“Arbor Square represents ALTO’s strategy of identifying well-located assets with strong long-term fundamentals and creating value through proactive asset management,” said Dor Dezalovsky, COO of ALTO Real Estate Funds. “The addition of a supermarket anchor complements the existing tenant mix and reinforces the center’s resilience in an evolving retail environment increasingly focused on convenience and necessity-based shopping”.
Arbor Square also benefits from strong surrounding demographics, serving more than 84,000 residents with an average household income exceeding $102,000 within a five-mile radius. The property continues to benefit from limited regional competition and strong visibility within one of metro Atlanta’s primary retail corridors.
