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| Cahaba Village Retail Center, Mountain Brook, AL |
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| 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 | www.hfflp.com
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