Florida private equity firm buys major metro Atlanta shopping center for more than $93 million

Summary by The Atlanta Editorial Desk · Based on reporting by Sam Sachs, WSB-TV (ABC) - News · July 22, 2026 · 2 min read

Sterling Organization, a private equity real estate investment firm based in West Palm Beach, Fla., announced it had bought Merchants Walk, a 271,992-square-foot, Whole Foods Market-anchored shopping center in Marietta on Wednesday. The firm purchased the property for $93.2 million on behalf of i...

Why this matters in The Atlanta

The purchase of Merchants Walk by Sterling Organization marks a significant investment in the metro Atlanta area, particularly in the affluent East Cobb submarket. With its high average household income of approximately $230,000, this region is likely to continue attracting retailers and businesses catering to its upscale demographic. The shopping center's location at the intersection of Roswell Road and Johnson Ferry Road, two heavily trafficked corridors, ensures its visibility and accessibility to a large customer base. As Sterling Organization looks to capitalize on the property's potential, it will be worth watching how they utilize the 26,000 square feet of vacant space to further enhance the center's appeal. Given the center's strong performance, with over 3.1 million visitors annually, it is likely that Sterling will seek to maintain and build on its existing tenant roster, which includes high-performing national brands like Whole Foods Market and Old Navy.

About this story

Original reporting by WSB-TV (ABC) - News. The Atlanta surfaces reporting from trusted publishers and adds local editorial context so readers can quickly understand what a story means for their community. We attribute every source, link to the original report, and follow a documented editorial standards policy. To understand how stories are selected and reviewed, read our about page.

For the complete original report, visit WSB-TV (ABC) - News. Have a tip or correction? Contact our newsroom.

Category: business · Published: July 22, 2026 · Source: WSB-TV (ABC) - News · Reading time: 2 min

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Summary created by	The Atlanta Editorial Desk — automated, rule-governed
Original reporting	Sam Sachs, WSB-TV (ABC) - News
Original story	Read at the source
Source published	Jul 22, 2026
Indexed here	Jul 22, 2026
AI assistance	Automated summary drawn from the source’s own published text
Prepublication human review	No — editorial rules, flagged-item review, and published samples

Florida private equity firm buys major metro Atlanta shopping center for more than $93 million

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