ATLANTA, GA-- Cassidy Turley, a leading commercial real estate services provider in the U.S., has brokered RCG Ventures’ $4.4 million sale of Cordele Corners (top left photo), a 120,868-square-foot shopping center in Cordele, Ga. The buyer was a Florida-based private equity group.
Mark Joines (lower right photo) and Drew Fleming, both vice presidents in the Brokerage Services division of Cassidy Turley’s Atlanta office, represented RCG Ventures in the transaction, while the buyer represented itself.
Built in 1986, Cordele Corners is a former Walmart located near I-75whose anchor tenants include Tractor Supply, Bealls and Dollar Tree. Its occupancy rate is currently 70 percent.
“Cordele Corners is a strong asset with outstanding anchor tenants and plenty of upside potential,” Joines said. “This transaction was a good one for both buyer and seller and one in which Cassidy Turley was able to deliver significant value to our client.”
Public Relations Contact
Tony Wilbert
Wilbert News Strategies
404-965-5022
No comments:
Post a Comment