Kroger-Anchored Shopping Center in Roswell Trades for $21M
JLL has arranged the $20.7 million sale of Coleman Village, a 90,981-square-foot shopping center anchored by supermarket chain Kroger in the Atlanta suburb of Roswell.
Located on more than 12 acres at 800 Marietta Hwy., the center is currently 97% occupied. In addition to Kroger, the tenancy is comprised of a mix of national and regional service and restaurant tenants, including Starbucks, El Porton Mexican Restaurant, Attitude Fitness and Mavis Tire.
Jim Hamilton, Brad Buchanan and Andrew Michols of JLL represented the seller, Principal Real Estate Investors, in the transaction. The buyer was Georgetown Company.
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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