Matthews™ Facilitates Sale of a Neighborhood Center in Georgia

Dalton’s Northside Plaza Offers Prime Location and Resilient Tenant Mix

 

Dalton, GA — Matthews™, a commercial real estate investment services and technology firm, announced the successful sale of Northside Plaza, a neighborhood center located at 1263 North Glenwood Avenue, Dalton, GA. Matthews™ Senior Vice Presidents Kyle Stonis and Pierce Mayson, and Associate Vice President Boris Shilkrot facilitated the transaction.

 

The property spans approximately 73,931 square feet and is strategically located at the high-traffic intersection of US-41 and GA-71 in Dalton, offering exposure to more than 61,000 vehicles per day. Anchored by America’s Thrift Stores and Dollar Tree, the center is 92% leased to a roster of national, service-oriented, and e-commerce-resistant tenants. It also benefits from a collection of high-performing quick-service restaurant outparcels, enhancing its visibility and consumer draw.

 

Northside Plaza is centrally located within one of Dalton’s core retail corridors, providing access to major traffic arteries and employment centers. With low anchor rents, strong retail fundamentals, and a stable base of long-term national tenants, the property offers an attractive investment opportunity for sustained success in a resilient market.

 

A family office out of Texas acquired the neighborhood center, highlighting the asset’s long-term value and strong demand in the Dalton market.

 

“Northside Plaza provides a combination of essential retail, strong traffic counts, and long-term shop stability at attractive returns,” Stonis said. “It’s another example of resilient retail with proven market fundamentals, continuing to garner significant investor interest.”

 

For more information or to contact a Matthews™ specialized agent, please visit
www.matthews.com.

 

About Matthews™

Matthews™, a commercial real estate investment services and technology firm, holds recognition as an industry leader in investment sales, leasing, and debt and structured finance. Based out of Nashville, TN, and strategically positioned with over 1,000 agents and employees in 25+ offices across the United States, Matthews™ continues to focus on expansion into new markets. For more information, please visit www.matthews.com.