{"id":1004157658,"date":"2016-11-01T07:34:42","date_gmt":"2016-11-01T15:34:42","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004157658"},"modified":"2020-05-12T03:29:16","modified_gmt":"2020-05-12T11:29:16","slug":"hff-closes-sale-of-59-ksf-retail-center","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/hff-closes-sale-of-59-ksf-retail-center\/","title":{"rendered":"HFF Closes Sale of 59 KSF Retail Center"},"content":{"rendered":"<p><em>By Csilla Borsos<\/em><\/p>\n<div id=\"attachment_1004157670\" style=\"width: 277px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/11\/320-Town-Center-Ave.-in-Suwanee2.jpg\" target=\"_blank\" rel=\"noopener noreferrer\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-1004157670\" data-attachment-id=\"1004157670\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/hff-closes-sale-of-59-ksf-retail-center\/320-town-center-ave-in-suwanee-3\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/11\/320-Town-Center-Ave.-in-Suwanee2.jpg\" data-orig-size=\"865,661\" data-comments-opened=\"1\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;Csilla Borsos&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;1478008348&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"320 Town Center Ave. in Suwanee\" data-image-description=\"\" data-image-caption=\"&lt;p&gt;320 Town Center Ave. in Suwanee&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/11\/320-Town-Center-Ave.-in-Suwanee2.jpg?w=865\" class=\"wp-image-1004157670\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/11\/320-Town-Center-Ave.-in-Suwanee2.jpg\" alt=\"320 Town Center Ave. in Suwanee\" width=\"267\" height=\"204\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/11\/320-Town-Center-Ave.-in-Suwanee2.jpg 865w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/11\/320-Town-Center-Ave.-in-Suwanee2.jpg?resize=300,229 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/11\/320-Town-Center-Ave.-in-Suwanee2.jpg?resize=768,587 768w\" sizes=\"auto, (max-width: 267px) 100vw, 267px\" \/><\/a><p id=\"caption-attachment-1004157670\" class=\"wp-caption-text\">320 Town Center Ave. in Suwanee<\/p><\/div>\n<p><strong>Atlanta\u2014<\/strong><a href=\"https:\/\/www.hfflp.com\/\" rel=\"nofollow\" target=\"_blank\" rel=\"noopener noreferrer\">HFF<\/a> has recently announced the sale of the 58,634-square-foot retail portion of Suwanee Town Center on behalf of the seller, <a href=\"https:\/\/www.madisonretailllc.com\/\" rel=\"nofollow\" target=\"_blank\" rel=\"noopener noreferrer\">Madison Retail LLC<\/a>. The asset was purchased free and clear of debt by a subsidiary of a real estate fund advised by <a href=\"https:\/\/crowholdingscapital-re.com\/\" rel=\"nofollow\" target=\"_blank\" rel=\"noopener noreferrer\">Crow Holdings Capital Real Estate<\/a>. The HFF team was led by senior managing directors Jim Hamilton and Richard Reid, along with associates Mike Allison and Brad Buchanan.<\/p>\n<p>The mixed-use lifestyle center, which is adjacent to Suwanee Town Center Park, is situated on a 4.81-acre lot at 320 Town Center Ave., at the intersection of Lawrenceville-Suwanee Road and Buford Highway, roughly 15 miles northeast of Atlanta.<\/p>\n<p>Constructed in three phases between 2007 and 2009, the property encompasses the City Hall, 147 <a href=\"https:\/\/www.multihousingnews.com\/condo\/\" rel=\"nofollow\" target=\"_blank\" rel=\"noopener noreferrer\">condominiums<\/a> and 85 single-family residences. It consists of three retail buildings that are 90 percent leased to national and regional tenants, including Five Guys Burgers, Mellow Mushroom and Planet Smoothie.<\/p>\n<p><em>Image via Google Maps<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The 4.81-acre asset consisting of three buildings was acquired free of debt.<\/p>\n","protected":false},"author":1020,"featured_media":1004157670,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1489,21743,21742,21749],"tags":[],"class_list":["post-1004157658","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-atlanta","category-deals","category-latest","category-retail"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>HFF Closes Sale of 59 KSF Retail Center - 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