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| Mark Joines |
ATLANTA, GA – [Jan. 14, 2013] Cassidy Turley, a leading
commercial real estate services provider in the U.S., announces it has closed
on the sale of the Rockbridge Place Shopping Center located at 5719
Rockbridge Road in Stone Mountain, Ga.
Cassidy Turley Vice Presidents Mark Joines and Drew
Fleming represented the seller, DLC Management Corp. The buyer, represented
by Jeff Schaffer of Schaffer & Associates, was a local private
equity group.
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| Drew Fleming |
Rockbridge Place is
a 74,768-square-foot center anchored by Food Depot and CVS located near a busy
traffic light intersection. The development is currently 95 percent leased.
“We were excited to
represent DLC Management in this transaction,” said Joines, Vice President of
Cassidy Turley’s brokerage group. “The buyer acquired a strong performing
center in a relatively dense area of metro Atlanta.”
Contact:
Tony Wilbert
The Wilbert Group
404-965-5022
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