Thursday, December 12, 2013

HFF closes sale of Shallowford Falls in Marietta, GA


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

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