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Atlanta & Southeast  + Atlanta Metro  + Retail  | 
South Coast Commercial has purchased the Ivy Walk neighborhood retail center in Smyrna, GA for $18.5 million.

South Coast Commercial Walks Away with $19M Smyrna Retail Center

South Coast Commercial, LLC, has completed its $18.5-million purchase of Ivy Walk, a 42,499-square-foot neighborhood retail center located in the north Atlanta suburb of Smyrna, GA.

Brad Buchanan, Jim Hamilton and Kahn of JLL represented the seller, MRE Properties.

Ivy Walk was built in 2004 and was 91% occupied at the time of sale to a mix including Muss & Turner’s, South City Kitchen, First Watch, Natural Body Spa and Children’s Healthcare of Atlanta.

The property is strategically located at the intersection of Atlanta Road and Cumberland Parkway with visibility to nearly 54,000 vehicles per day and benefits from a captive consumer base derived from the 170 residential townhomes located above and adjacent to the property.

“Ivy Walk is a dynamic and high-performing neighborhood retail center located in one of the most affluent and fastest growing submarkets of the Atlanta MSA,” said Buchanan.


Inside The Story

JLL's Buchanan

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