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SRS Arranges Record Deal for Publix-Anchored Center in Alabama

SRS Real Estate Partners’ National Net Lease Group arranged the $18.3-million sale of Publix and Shops at Tattersall Park, a 100%-occupied, grocery-anchored retail center in Hoover, AL. The center at 6215, 6219 Tattersall Blvd. is anchored by an industry-leading, full-service Publix Grocery Store, Publix’s Aprons Cooking School, Goodwill and other regional tenants.

SRS’ Matthew Mousavi and Patrick Luther represented the seller and developer in the transaction that achieved a record-breaking sub-6% cap rate pricing. The buyer was a private California investor, also represented by Mousavi and Luther

“Tattersall Park is an affluent suburb of Birmingham and one of the strongest submarkets in the state of Alabama. We received strong interest for this offering from a wide range of investor profiles,” Mousavi said. He notes, the property is ideally located in the affluent core retail portion of the 78-acre Tattersall Park mixed-use development.

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About Dennis Kaiser

Dennis Kaiser is Vice President of Content and Public Relations for Connect Commercial Real Estate. Dennis is a communications leader with more than 30 years of experience including as a journalist and in corporate and agency marketing communications roles. He is responsible for Connect’s client content operations and is involved in a range of initiatives ranging from content strategy, message development, copywriting, media relations, social media and content marketing services. In his most recent corporate communications roles, he led a regional public relations effort across Southern California for CBRE, played a key marketing role on JLL’s national retail team, and was responsible for directing the global public relations effort at ValleyCrest, the nation’s largest commercial landscape services company. In addition to his vast commercial real estate experience, Dennis has worked on communications and launch strategies for a number of residential projects such as Disney’s Celebration in Florida, Ritter Ranch in Palmdale California (7,200 homes, 22,000 acres), WaterColor in Florida and PremierGarage in Phoenix. Dennis’s agency background included firms such as Idea Hall and Macy + Associates. He has earned an outstanding reputation with organization leaders as a trusted advisor, strategic program implementer, consensus builder and exceptional collaborator. Dennis has developed and managed national communications programs for Fortune 500 companies to start-ups, both public and private. He’s successfully worked with journalists across the globe representing clients involved in major-breaking news stories, product launches, media tours, and company news announcements. Dennis has been involved in a host of charitable and community organizations including the American Cancer Society, Easter Seals, BoyScouts, Chrysalis Foundation, Freedom For Life, HOLA, L.A.’s BEST, Reach Out and Read, Super Bowl Host Committee, and Thunderbirds Charities.