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JRW Realty has facilitated the sale and closing of Point Mallard Centre shopping complex in Decatur, AL.

Institutional Buyer Acquires Publix-Anchored Point Mallard Centre in Decatur

JRW Realty has facilitated the sale and closing of Point Mallard Centre, a multi-retail shopping center in Decatur, AL anchored by a 45,600-square-foot Publix. Small shops, restaurants and medical centers account for another 16,800 square feet of the center, which is located near Interstate 65 on the south side of the north AL town.

The firm sourced and closed the shopping center on behalf of an institutional buyer that is actively acquiring net-leased and value-add focused properties.

Joel Staffilino, president of multi-tenant retail at JRW Realty, said the center — a secure necessity business anchoring diverse businesses — is the kind his agency’s buyers seek. “When considering multi-tenant properties, our clients look for creditworthy net-leased anchors with surrounding essential businesses.”


Inside The Story

JRW Realty's Staffilino

About Lisa McDuffie

Lisa McDuffie arrives at ConnectCRE via REALTOR® world, where she served for nearly two decades as communications director for one of the nation’s largest REALTOR® organizations. She supported two membership-elected presidents who were commercial real estate practitioners, and managed the communications initiatives of the organization’s commercial special interest group. When not following the latest commercial real estate news, Lisa is zeroed in on her charismatic off-the-track thoroughbred as she makes the transition from an utterly failed racehorse to a lovely show hunter.

  • ◦Sale/Acquisition