Sunday, February 28, 2016

Ackerman & Co. Arranges Sale of 1.4 Acres for $1.2 Million to Bojangles Franchisee in Kennesaw, GA

Gina DeRaffele

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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