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| Richard Reid |
ATLANTA, GA – HFF announced today that it has closed the
sale of Specialty Shops on the Park, a 64,901-square-foot, urban infill
retail center in Charlotte, North Carolina.
HFF marketed the property on behalf of the seller, a family
office advised by Aston Properties of Charlotte, North Carolina.
A joint venture between an affiliate of Hill
Partners, Inc. and an institutional partner purchased the property for an
undisclosed amount free and clear of existing debt.
Specialty Shops on the Park is leased to notable tenants
such as Bricktop’s, Williams-Sonoma and Talbots.
The property is located at 6401 Morrison Boulevard in the
affluent Southpark submarket of Charlotte across the street from SouthPark
Mall, a Simon-owned mall anchored by tenants including Neiman Marcus, Macy’s
and Nordstrom.
 |
| Jim Hamilton |
The
HFF investment sales team representing the seller was led by managing directors
Richard Reid and Jim Hamilton.
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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