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National  + Kentucky  + Retail  |  July 24, 2019
David Cohen
By: David Cohen

Hendon Properties Sells Retail Center in Louisville for $30M

Hendon Properties and joint venture partner Harbert United States Real Estate Fund VI have sold Westport Village, a 169,515-square-foot lifestyle shopping center in Louisville for $30.3 million. Birmingham-based private real estate investment firm Wicker Park Capital Management acquired the asset.

Located near the intersection of Westport Road and Herr Lane, the center is less than a mile east of Interstate 264 in northeast Louisville. The tenant roster includes a collection of retail, restaurant and service-based tenants. Since acquiring the center, Hendon executed 13 new leases for a total of 56,000 square feet, and renewed 32 leases for a total of 102,000 square feet.

Hendon purchased the center in May 2016. The project was the second joint venture between Hendon and Harbert.

For comments, questions or concerns, please contact David Cohen

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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.
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