News
COBB'S MAIN STREET SELLS
January 5, 2011
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| The dyanmic duo of retail investment sales—JLL's Kris Cooper andMargaret Caldwell—have helped close a Cobb County shopping center sale. LA-based Westwood Financial Corp purchased Main Street at Town Center (pictured) on Ernest Barrett Parkway (across from Town Center Mall) for an undisclosed sum. The project is a little more than 80% occupied with mainly in-line retailers, including David's Bridal and Starbucks. Kris tells us the location was the biggest selling draw: ?It's got great visibility on Barrett Parkway.? Westwood, which owns a handful of shopping centers in metro Atlanta, picked up this asset as part of a 1031 exchange. |
