12/10/10

Atlanta — Marietta-based Columbia Properties, Inc has sold Breakfast Pointe Marketplace, a 98,000 square foot shopping center in Panama City, Florida to Cole Real Estate Capital.  The center is anchored by Publix Supermarkets, Office Depot and Dunkin Donuts and features upscale architecture to attract full time residents as well as vacationers.  “Breakfast Pointe Marketplace should be a premier shopping destination in Bay County for years to come and prove to be a successful investment for Cole Real Estate Capital”, says Dan O’Neill, Managing Partner at Columbia Properties,  

Columbia Properties Inc. is an Atlanta based fully-integrated owner and operator of retail real estate.  Columbia is focused on neighborhood shopping centers throughout the Southeast and has developed more grocery anchored shopping centers in Metro Atlanta than any other firm.  Its infrastructure and access to capital allow the firm to close transactions of all sizes quickly and with a great level of certainty.  Columbia has acquired or developed more than 75 projects in its 30 year history and currently has more than 1,000,000 square feet of retail under management.