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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.
- ◦Sale/Acquisition

