 |
| Shallowford Falls, Johnson Ferry Road and Shallowford Road, Marietta, East Cobb County, GA |
 |
| Richard Reid |
ATLANTA, GA – HFF announced today that it has closed the
sale of Shallowford Falls, a grocery-anchored shopping center in
Marietta, Georgia.
HFF
marketed the property on behalf of the seller.
Branch Properties, LLC purchased the asset for an undisclosed amount.
Renovated in 2000, Shallowford Falls is anchored by Kroger
and occupied by national tenants including Ace Hardware, Subway and The UPS
Store.
The center is located in the highly sought after East Cobb
submarket at the intersection of Johnson Ferry Road and Shallowford Road,
approximately 15 miles northwest of downtown Atlanta.
The
HFF team representing the seller was led by managing directors Jim Hamilton and
Richard Reid and real estate analysts Mike Allison and Pete
Anastasi.
Founded in 1973 and based in Atlanta, Branch Properties, LLC
is a private real estate investment firm primarily focused on high-quality
neighborhood shopping centers located in the southeastern United States.
As a vertically integrated real estate operating company,
Branch has the in-house expertise to source, negotiate, acquire, develop,
finance, lease and manage neighborhood shopping center investments. www.branchprop.com.
For a complete copy of the company’s news release, please
contact:
Kristen M. Murphy
Associate Director
HFF | One Post Office Square, Suite 3500 | Boston, MA 02109
Main: 617-338-0990 | Direct: 617-848-1572 | Cell:
617-543-4873 | www.hfflp.com
No comments:
Post a Comment