New Management Planning Reinvigoration Of Kennesaw’s Barrett Pavilion
- September 28, 2021
- Deals
Changes are coming to Kennesaw’s Barrett Pavilion in the wake of TSCG (The Shopping Center Group) taking over as the exclusive leasing team for the 458,740 square-foot retail center.
Zama Mexican Cuisine is slated to start serving killer margaritas in its new location by January 2022. It’s taking over the 6,500 square-foot space that was formerly Rafferty’s, where it will provide Southeastern Mexican fare. Birdies’ Wings started serving up wings, burgers and more in May.
4 Wheel Parts, an off-road truck parts and jeep accessories store, also recently opened for business.
There are also plans for a 347-unit, multi-family residential apartment complex.
The property was purchased in late 2019 by a partnership between Lincoln Property Company and Stockbridge, a private equity real estate investment management firm.
In a press release, Lincoln’s Executive Vice President Tony Bartlett said:
“After the acquisition of the property in 2019, we have been focused on reinvigorating Barrett Pavilion and delivering a more robust retail and entertainment environment, catering to the surrounding Kennesaw community. Through strategic leasing and the densification and repurposing of existing big-box tenants, we are confident in TSCG’s ongoing efforts to assist in repositioning the property into a thriving retail destination and are looking forward to several upcoming tenant openings, property enhancements and the future delivery of the multifamily component.”
Barrett Pavilion is located near the interchange between I-75 and Barrett Parkway, near Kennesaw State University. Other businesses include Target, AMC Theatres, Best Buy Outlet, buybuy BABY, Old Navy, Ulta Beauty, Total Wine & More and REI.
According to the press release:
The partnership carved out approximately 7.792 acres of the parking lot next to AMC Theatres to redevelop into a 347-unit, multi-family apartment complex, and Ozone Billiards relocated to more than 26,000 square-feet of space while their previous location was sold to Grand Motorcars Kennesaw. The former Joe’s Crab Shack building has been sold to an exciting new F+B concept which closed in August 2021.
TSCG is a retail-focused real estate firm with 20 offices all over the country. It reported nearly $2 billion in transactions for 2020 and represents more than 430 retailers and restaurants.
Cobb County Courier Article Here