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Atlanta & Southeast  + Retail  |  May 5, 2021
David Cohen
By: David Cohen

JLL Arranges $20M Sale of Kroger-Anchored Retail Center in Tucker

JLL has brokered the $20 million sale of Cofer Crossing, a fully-leased, 136,139-square-foot shopping center anchored by Kroger and HomeGoods in the Atlanta-area community of Tucker.

Cofer Crossing is situated on a 16.51-acre parcel at 4367 Lawrenceville Hwy. With more than 1.1 million annual visitors in the last year, the center is the most-visited shopping center within five miles. The fully-leased property is also home to tenants HomeGoods, Dollar Tree and a line-up of national and regional tenants.

Jim Hamilton, Brad Buchanan and Taylor Callaway of JLL represented the seller in the transaction, a partnership between SITE Centers Corp. and Madison International Realty. A private buyer based in California acquired the asset in a 1031 exchange and was represented by Ed Hanley and Kevin Fryman of Hanley Investment Group along with ParaSell Inc.

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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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