Midtown Columbus shopping center sells for nearly $43 million

A midtown Columbus shopping center sold for $42.6 million, its former owner announced Monday.

Cross Country Plaza, a 314,000-square-foot retail center anchored by Publix, was purchased by an affiliate of Virginia-based Hackney Real Estate Partners.

In addition to Publix, the center is home to TJ Maxx, Burlington, 2nd & Charles and other businesses. It was nearly 90% occupied at the time of the sale, its former owner Coro Realty said in a news release. Coro purchased the property in 2013.

Coro Realty retained some outparcels, including properties it and Storage XXtra converted from retail to self-storage. Cross Country Plaza is the 6th most visited shopping center in a 50-mile radius and is in the 95th percentile for busiest shopping center in the state of Georgia over the last year, Coro Realty said.

This story was originally published March 21, 2022 at 4:34 PM.

Nick Wooten

Columbus Ledger-Enquirer

Nick Wooten is the Accountability/Investigative reporter for the Ledger-Enquirer where he is responsible for covering several topics, including Georgia politics. His work may also appear in the Macon Telegraph. Nick was given the Georgia Press Association’s 2021 Emerging Journalist award for his coverage of elections, COVID-19 and Columbus’ LGBTQ+ community. Before joining McClatchy, he worked for The (Shreveport La.) Times covering city government and investigations. He is a graduate of Mercer University in Macon, Georgia.