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Atlanta & Southeast  + Southeast  + Retail  |  December 2, 2019
David Cohen
By: David Cohen

SRS Real Estate Brokers $8M Sale of Retail Property in Mississippi

SRS Real Estate Partners National Net Lease Group has brokered the $8.3 million sale of a 62,916-square-foot retail property fully occupied by Academy Sports+Outdoors in Starkville.

Britt Raymond, Kyle Fant, Matthew Mousavi and Patrick Luther of SRS represented the seller, a southeast-based merchant developer, as well as the buyer, an Orange County, CA-based private investor who was in a 1031 exchange, in the transaction.

Built in 2017, the property is located at 160 Hollywood Blvd., near the intersection of Stark Road and State Highway 12, which sees a total of more than 38,000 vehicles passing on a daily basis. It is also nearby retailers that include Walmart, Kroger, Lowe’s, Dollar Tree and AutoZone.

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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