{"id":1004189816,"date":"2017-09-08T07:16:01","date_gmt":"2017-09-08T15:16:01","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004189816"},"modified":"2022-12-09T00:59:34","modified_gmt":"2022-12-09T08:59:34","slug":"marcus-millichap-closes-retail-sale-in-atlanta-area","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/marcus-millichap-closes-retail-sale-in-atlanta-area\/","title":{"rendered":"Marcus & Millichap Closes Retail Sale in Atlanta Area"},"content":{"rendered":"

By Tudor Scolca<\/em><\/p>\n

Marcus & Millichap arranged the sale of a 10,350-square-foot retail\u00a0property located at 4585 & 4595 Ashford Dunwoody Rd. in Dunwoody, Ga. A private investor from Santa Monica, Calif., bought the asset from an undisclosed LLC based in Atlanta, for $8.6 million.<\/p>\n

Prime retail location<\/h2>\n
\"4585<\/a>

4585 & 4595 Ashford Dunwoody Rd<\/p><\/div>\n

The Class A building is part of the Sterling Pointe development, which encompasses 25,000 square feet of retail and hotel space, including a 132-key Hampton Inn & Suites. The property, which has Corner Bakery Caf\u00e9 and Sleep Number as tenants, was\u00a0completed in 2016 and sits on roughly\u00a01.5 acres of land.<\/p>\n

Perimeter Mall is located across the street. The Perimeter business district is the largest employer in the region, offering\u00a0a plethora of shopping options and office buildings. Interstate 285 and T Harvey Mathis Parkway offer easy transit options, with\u00a0downtown Atlanta just a 20-minute ride away.<\/p>\n

Tim Giambrone, first vice president of investments and senior director with Marcus & Millichap’s National Retail Group, brokered the sale. Giambrone also brokered the recent sale of Dawson 400<\/a>, a shopping center located in Dawsonville, Ga.<\/p>\n

Image courtesy of Marcus & Millichap<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

The company’s retail group brokered the $8.6 million transaction of a Class A asset located in Dunwoody, some 20 minutes away from downtown.<\/p>\n","protected":false},"author":1284,"featured_media":1004189819,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1489,21743,21742,21749],"tags":[33212,34836,34783],"class_list":["post-1004189816","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-atlanta","category-deals","category-latest","category-retail","tag-hampton-inn-suites","tag-marcus-millichap","tag-tim-giambrone"],"acf":[],"yoast_head":"\nMarcus & Millichap Closes Retail Sale in Atlanta Area - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/marcus-millichap-closes-retail-sale-in-atlanta-area\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Marcus & Millichap Closes Retail Sale in Atlanta Area\" \/>\n<meta property=\"og:description\" content=\"The company's retail group brokered the $8.6 million transaction of a Class A asset located in Dunwoody, some 20 minutes away from downtown.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/marcus-millichap-closes-retail-sale-in-atlanta-area\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2017-09-08T15:16:01+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-12-09T08:59:34+00:00\" \/>\n<meta name=\"author\" content=\"Tudor Scolca\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/09\/4585-4595-Ashford-Dunwoody-Rd.jpg\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/marcus-millichap-closes-retail-sale-in-atlanta-area\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/marcus-millichap-closes-retail-sale-in-atlanta-area\/\",\"name\":\"Marcus & Millichap Closes Retail Sale in Atlanta Area - 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