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InvenTrust acquires retail asset near Atlanta for $64M

Retail real estate investment trust InvenTrust Properties Corp. acquired the 114,000-square-foot Kennesaw Marketplace northwest of Atlanta for $64.3 million.

The development, in Kennesaw, Ga., is anchored by Whole Foods and also includes Starbucks, MOD Pizza and PNC Bank.

The 99%-leased property was developed in 2017, according to a release.