Sunday, July 16, 2017

HFF closes sale of Publix-anchored retail center in suburban Atlanta, GA

Golden Park Village Retail Center, Buford, GA
                                                                           (Photo by Pat Kelly of Sky Shots Photography)

Daniel Finkle
ATLANTA, GA –– Holliday Fenoglio Fowler, L.P. (HFF) announced it has closed the sale of Golden Park Village, a 68,738-square-foot, Publix-anchored neighborhood retail center in the northern Atlanta suburb of Buford, Georgia.

Phillips Edison Grocery Center REIT II, Inc. purchased the asset free and clear of existing debt.

Located at 4840 Golden Parkway in Buford, Golden Park Village is situated at the “main and main” intersection of Interstate 985 and Lanier Islands Parkway approximately three miles east of Lake Lanier, which attracts roughly 7.5 million visitors each year. 

More than 24,000 residents earning an average annual income of more than $86,000 live within a three-mile radius of the center and nearly 81,000 vehicles pass the property each day. Golden Park Village is 92 percent leased to a variety of tenants, including Publix, The UPS Store and Great Clips. 

The HFF investment sales team representing the seller was led by senior managing directors Danny Finkle, Jim Hamilton and Richard Reid and managing director Luis Castillo.

“Golden Park Village represented a rare opportunity to acquire a high-performing, Publix-anchored shopping center with limited grocer competition and value-add potential,” Hamilton said.

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

Kristen M. Murphy
Director, Public Relations
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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