Friday, September 9, 2016

HFF closes $27.65 million sale of a neighborhood shopping center in Alpharetta, GA

Windward Commons, Alpharetta, GA (Pat Kelly with Sky-Shots Aerial Photography, Inc.)

Jim Hamilton

ATLANTA, GA  – Holliday Fenoglio Fowler, L.P. (HFF) announced it has closed the $27.65 million sale of Windward Commons, a 117,234-square-foot neighborhood shopping center in Alpharetta (Atlanta), Georgia.   

The asset was purchased free and clear of existing debt by InvenTrust Properties Corp.

Built in 1999, Windward Commons is a 99-percent-leased trophy asset located in the affluent Alpharetta submarket.  

The property is home to Kroger, the No. 1 grocer in the Atlanta MSA, in addition to national and regional shop tenants, including Hallmark, The UPS Store, GNC, Great Clips, Subway, Leslie’s Pool Supplies, Menchie’s Frozen Yogurt, Little Caesars and Huntington Learning Center.

  Windward Commons benefits from its location on the “going-home” side of the road at the main and main intersection of Windward Parkway and Alpharetta Highway, where more than 50,000 cars pass by the property every day.

The HFF team representing the seller was led by senior managing directors Jim Hamilton and Richard Reid.

For a complete copy of the company’s news release, please contact:

Kristen M. Murphy
Director, Marketing
HFF | One Post Office Square, Suite 3500 | Boston, MA 02109
Main: 617-338-0990 | Direct: 617-848-1572 | Cell: 617-543-4873 |

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