Plaza Fiesta Sold

Plaza Fiesta (Courtesy Asana Partners)

By Sammie Purcell

Plaza Fiesta, the popular Latino shopping center located at 4166 Buford Highway, has been sold to a Charlottebased real estate firm called Asana Partners.

According to the Atlanta Business Chronicle, the shopping center was previously owned by Sarofim Realty Advisors. The commercial real estate firm CBRE Atlanta represented Sarofim in the sale.

“Representing Plaza Fiesta in the marketplace was an honor and a career hallmark for our team. The property is the hub for the region’s growing Hispanic community and offers a truly authentic retail experience unlike any other in Atlanta and beyond,” said Kevin Hurley, a senior vice president with CBRE in a press release. “We have been huge fans and patrons of Plaza Fiesta for many years and watched it thrive under thoughtful ownership and management. We are thrilled to have found a new sponsor that will continue to be a great steward of such a special property.”

Asana Partners, which also operates popular Krog Street Market in Inman Park, did not immediately respond to requests for comment.

Plaza Fiesta originally opened in 1968 as the Buford-Clairmont shopping center with tenants that included a movie theatre, Sunshine’s department store, Winn-Dixie supermarket, and a Woolco store. It later became known as Outlet Square then as Oriental Mall. Sarofim bought the mall in 2000 and refurbished it into Plaza Fiesta.

TEAM, 2021

INTOWN OFFICE INTOWN

BROKERAGE As we close on another memorable year, I am thankful to have had the opportunity to serve so many in the Atlanta community by helping them reach their real estate goals. I hope to work with you in 2023.

Wishing you a holiday full of wonderful moments with those you love! Joy

c. 404.408.2331 • o. 404.874.0300 joymyrick@atlanta nehomes.com atlanta nehomes.com • sir.com

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