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Atlanta & Southeast  + Retail  |  August 26, 2020
David Cohen
By: David Cohen

JLL Arranges $19M Sale of Grocery-Anchored Retail Center in Canton

JLL has arranged the $18.6 million sale of Hickory Flat Commons, a Kroger-anchored retail center in the suburban Atlanta community of Canton.

The asset was constructed in 2008 at 6764-6776 Hickory Flat Hwy. and is currently 97% occupied. The center is home of one of the top-performing Kroger stores in Georgia along with a tenant roster comprising a mix of essential, restaurant, apparel and service-oriented retailers.

Jim Hamilton of JLL represented the undisclosed seller in the transaction. Phillips Edison & Co. purchased the asset as part of a 1031 Exchange.

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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