Wednesday, March 6, 2019

HFF announces sale of Publix-anchored shopping center near Atlanta

Shallowford Corners Shopping Center, Roswell, GA

ATLANTA, GA –– Holliday Fenoglio Fowler, L.P. (HFF) announces that it has closed the sale of Shallowford Corners, a 112,427-square-foot, Publix-anchored neighborhood shopping center in the affluent northern Atlanta submarket of Roswell, Georgia. 

Jim Hamilton
The HFF team marketed the property on behalf of the seller, LaSalle Investment Management.  Publix purchased the asset.

Shallowford Corners is strategically located in one of the most highly sought-after Atlanta submarkets, East Cobb. 

The property is 99 percent leased and anchored by the Southeast’s most-desired grocer, Publix, which drives persistent traffic to the shopping center and its diversified, internet-proof tenant mix that includes a variety of service-oriented shops, medical/health tenants and restaurants.  

The nationally and regionally focused tenant line-up representing 82 percent of the property’s leased GLA has a strong operating history exceeding 11.5 years and includes the following notable retailers: Publix, Goodwill, JP Morgan Chase, Workout Anytime, Edward Jones, Banfield Pet Hospital, Great Clips and more.  

Brad Buchanan
The property was originally constructed in 1986 on 16.1 acres located 20 miles north of downtown Atlanta at the highly traveled intersection of Johnson Ferry Road and Shallowford Road, which has combined traffic counts exceeding 47,000 vehicles per day.

The HFF investment advisory team representing the seller included senior managing director Jim Hamilton, directors Brad Buchanan and Mike Allison and analyst Andrew Kahn.

LaSalle Investment Management, Inc. (together with its global investment advisory affiliates, “LaSalle”) is one of the world’s leading real estate investment managers. 

Mike Allison
 LaSalle on a global basis manages approximately $60.5 billion as of Q3 2018 of private and public equity and private debt investments. LaSalle’s diverse client base includes public and private pension funds, insurance companies, governments, corporations, endowments and private individuals from across the globe. 

 LaSalle sponsors a complete range of investment vehicles including separate accounts, open- and closed-end funds, public securities and entity-level investments. 

 LaSalle Investment Management, Inc. is a wholly-owned, operationally independent subsidiary of Jones Lang LaSalle Incorporated (NYSE: JLL), one of the world’s largest real estate companies.  



GA Lic. #270038
HFF Senior Managing Director
(404) 832-8460

HFF Digital Content/Public Relations Specialist
(713) 852-3420

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