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Atlanta & Southeast  + Southeast  + Retail  | 

ALDI-Anchored Retail Center Trades for $25M in Nashville

JLL has arranged the $24.8 million sale of Mallory Corners, a fully-leased, 70,000-square-foot shopping center anchored by ALDI in Nashville’s Brentwood submarket.

Located at 1701 Mallory Ln., the nearly seven-acre center is approximately 16 miles from downtown Nashville. Built in 1995, the grocery-anchored center is also home to a number of national and regional tenants, including Barnes & Noble, Play it Again Sports, AAA, Hoover Paint Store and Brilliant Sky Toys & Books. It is shadow anchored by the most-visited Costco in Tennessee.

Jim Hamilton, Brad Buchanan and Taylor Callaway of JLL represented the seller, Longpoint Realty Partners, in the transaction. A state pension fund, advised by Chicago-based Pine Tree, acquired the property.

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Inside The Story

JLL’s Hamilton

About David Cohen

David Cohen is Southeast Editorial Director at Connect Commercial Real Estate. David is a media veteran with more than 10 years of experience in journalism, copywriting and communications across a variety of roles. He is responsible for covering commercial real estate news and trends in the Southeast, Florida, Washington D.C. and Boston at Connect CRE as well as specializing in the Student Housing sector. Prior to joining Connect, David was the editor of Northeast Real Estate Business magazine and Student Housing Business magazine at France Media as well as spending time freelancing for ESPN and the Associated Press in the fast-paced field of live sports event production. He is also an owner and investor in multifamily real estate in Atlanta, GA. David currently resides in Atlanta and graduated from the College of Communication & Information at the University of Tennessee Knoxville.

  • ◦Sale/Acquisition
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