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Columbia Picks Up 76K-SF Lithia Springs Retail Center
JLL Capital Markets secured the $14.2 million sale of Village at Westfork, a 75,947-square-foot grocery-anchored shopping center in Lithia Springs, Georgia.
JLL represented the seller, KPR Centers. The buyer was Columbia Properties. JLL Capital Market’s Investment Sales and Advisory team, representing the seller, was led by Jim Hamilton, Brad Buchanan, Andrew Kahn and Charlie Merrigan.
Built in 1994, Village at Westfork is at 610-640 Thornton Rd. The property is 100% occupied and is anchored by Kroger, which operates a 54,322-square-foot supermarket with over 30 years of operating history at this location. The center also houses national and regional tenants including JPMorgan Chase, UPS, H&R Block and Cricket Wireless across 12 total suites.
The shopping center’s average shop tenant tenure exceeds 21 years.
The Village at Westfork benefits from its position in an established industrial employment hub. The property sits approximately 13 miles from downtown Atlanta with access via I-20.
- ◦Sale/Acquisition
