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Atlanta & Southeast  + Retail  |  November 4, 2019
David Cohen
By: David Cohen

Wicker Park Capital Snags 335K-SF Retail Center in Kennesaw

A fund sponsored by Wicker Park Capital Management has acquired Cobb Place, a 335,190-square-foot retail center in the Atlanta suburb of Kennesaw. The sales price was undisclosed.

Cobb Place features the largest concentration of furniture and home-centric retailers in the Atlanta metro, including Bassett Furniture, American Signature Furniture, Ashley Furniture, Bed Bath & Beyond, Cost Plus World Market and Hobbytown USA. Additional tenants at the 95% leased center include DSW, Jersey Mike’s and Play It Again Sports.

Jim Hamilton and Brad Buchanan of JLL represented the seller, a partnership between DRA Advisors LLC and RCG Ventures LLC, in the transaction. Additionally, working on behalf of the new owner, JLL placed a seven-year, fixed-rate acquisition loan with Goldman Sachs.

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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