Atlanta, GA– The Ackerman
& Co. Retail Investment Sales team and Transwestern represented Flagstar
Bank in the sale of a 1.4-acre land in Kennesaw, Ga. for $1,200,000. A
Bojangles Franchisee, one of the fastest growing quick-service brands in the
country, purchased the property. The franchisee was represented by Retail Site
Services.
Sean Patrick |
Last summer, the
Charlotte-based chicken-and-biscuit chain announced plans to add additional
corporate and franchise restaurants in Atlanta.
Bojangles’ debuted in this
market in 2013 with a location in the Atlanta Hartsfield-Jackson International
Airport – there are now more than 45 locations in the City.
Ackerman & Co.'s Sean Patrick and Gina DeRaffele along
with Chris McCauley of Transwestern
(Boston, Ma.) represented Flagstar Bank.
"This is an excellent
retail location," said Vice President of Investment Sales Sean W. Patrick, CCIM.
"With
demand from Kennesaw State University, close proximity to an extensive retail
area which includes recognizable brands like Home Depot, Walgreens and
Starbucks among others," he added.
The property also offers
rear access to Shiloh Road with a signalized intersection along the heavily
traveled retail corridor with more than 35,000 vehicles per day.
For a complete copy of the company’s news release,
please contact:
Fara Wilson
Vice President
Director of Marketing and
Communications
P: 770.913.3904 C: 678.358.2060 F: 770.913.3965
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