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| Windward Commons, Alpharetta, GA (Pat Kelly with Sky-Shots Aerial Photography, Inc.) |
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| Jim Hamilton |
ATLANTA, GA – Holliday Fenoglio Fowler, L.P. (HFF)
announced it has closed the $27.65 million sale of Windward Commons, a 117,234-square-foot neighborhood shopping
center in Alpharetta (Atlanta), Georgia.
The asset was purchased
free and clear of existing debt by InvenTrust Properties Corp.
Built in 1999, Windward
Commons is a 99-percent-leased trophy asset located in the affluent Alpharetta
submarket.
The property is home to
Kroger, the No. 1 grocer in the Atlanta MSA, in addition to national and
regional shop tenants, including Hallmark, The UPS Store, GNC, Great Clips,
Subway, Leslie’s Pool Supplies, Menchie’s Frozen Yogurt, Little Caesars and
Huntington Learning Center.
Windward Commons benefits from its location
on the “going-home” side of the road at the main and main intersection of
Windward Parkway and Alpharetta Highway, where more than 50,000 cars pass by
the property every day.
The HFF team representing
the seller was led by senior managing directors Jim Hamilton and Richard Reid.
For a complete copy of the company’s news release,
please contact:
Kristen M. Murphy
Director, Marketing
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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