Wicker Park Spins Off Kennesaw Retail Center

JLL Capital Markets arranged the $63.5 million sale of Cobb Place, a 335,190-square-foot shopping center in Kennesaw, Georgia.

JLL represented the seller, Wicker Park Capital Management. The buyer was Shaked Acquisitions.

Cobb Place, located at 840 Ernest W. Barrett Pkwy. along I-75, boasts a durable tenancy with an average tenure of more than 17 years. Its tenant mix includes Ashley HomeStore, American Signature Furniture, DSW, World Market, Hobby Town, Bassett Furniture, Natuzzi and BrandsMart.

Jim Hamilton, Brad Buchanan, Andrew Kahn, and Anton Serafini led JLL Capital Market’s Investment and Sales Advisory team, which represented the seller.

Wicker Park Capital Management is a privately held real estate investment firm focused on multi-family, retail, and mixed-use properties in the Southern United States. Based in Savannah, WPCM has offices in Birmingham and Atlanta.