Suburban Atlanta shopping center sells for $37.6 million

 

 

Roswell Market Place, 10800 Alpharetta Highway
 Roswell, GA

 

ATLANTA, GA – JLL Capital Markets announced it has closed the $37.6 million sale of Roswell Market Place, a fully leased, 95,522-square-foot shopping center anchored by Sprouts Farmers Market in the Atlanta-area community of Roswell, Georgia.

Jim Hamilton

JLL represented the seller, Branch Properties, LLC. East Coast Acquisitions acquired the property.

 

Roswell Market Place is located at 10800 Alpharetta Hwy. in Roswell, one of the highly most sought-after and affluent suburban Atlanta communities.

 

The average household income within a five-mile radius of the property is more than $142,000.

 

 The area is surrounded by explosive residential growth, including 300 new multi-housing units and 298 townhomes less than 0.5 miles from the property. 

 

Completed in 1986 and most recently renovated in 2015 and 2016, the fully leased retail property is anchored by Sprouts Farmer’s Market, one of the fastest-growing retailers in the U.S.

Brad Buchanan 

It is also home to a diverse, internet-proof tenancy that includes Starbucks, Chipotle, Subway, Hollywood Feed, Another Broken Egg Cafe, Bad Daddy’s Burger Bar and Tin Drum.

 

The JLL Capital Markets Investment Sales Advisory team that represented the seller was led by Senior Managing Director Jim Hamilton, Senior Director Brad Buchanan and Associate Andrew Kahn. Hamilton and team have a long history with Roswell Market Place, having facilitated its sale to Branch Properties in 2018.

Andrew Kahn.

JLL Capital Markets is a full-service global provider of capital solutions for real estate investors and occupiers. 

The firm's in-depth local market and global investor knowledge delivers the best-in-class solutions for clients — whether investment advisory, debt placement, equity placement or a recapitalization. 

The firm has more than 3,700 Capital Markets specialists worldwide with offices in nearly 50 countries.

 

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CONTACT:

 Kimberly Steele

JLL Senior Associate

 Public Relations

Phone: +1 713 852 3420

Email:  Kimberly.Steele@am.jll.com

 

branchprop.com.

 

eastcoastacq.com.