Wednesday, February 1, 2017

HFF closes sale of Whole Foods-anchored retail center in Birmingham, AL

Cahaba Village Retail Center, Mountain Brook, AL

Jim Hamilton
ATLANTA, GA –– Holliday Fenoglio Fowler, L.P. (HFF) announced it has closed the sale of Cahaba Village, a trophy 115,180-square-foot, Whole Foods-anchored retail center in the affluent Birmingham submarket of Mountain Brook, Alabama.

L & B Realty Advisors purchased the asset free and clear of existing debt on behalf of an institutional separate account client.

Cahaba Village is a generational asset located in Mountain Brook, one of the most affluent markets in Alabama, and is strategically positioned along U.S. 280, the main retail corridor in Birmingham. 

The property is home to one of the most dynamic, highest-performing tenant line-ups in the southeast and features such notable tenants as Whole Foods, Diamonds Direct, Mountain High Outfitters and Bryant Bank.   

The HFF investment sales team representing the seller was led by senior managing directors Jim Hamilton, Richard Reid and Barry Brown; managing director Ryan Shore and associates Mike Allison and Brad Buchanan.

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

Kristen Murphy
Director, Public Relations
HFF | One Post Office Square, Suite 3500 | Boston, MA 02109
tel 617.848.1572 | cell 617.543.4873 |

No comments: