{"id":1004315321,"date":"2019-04-10T03:41:31","date_gmt":"2019-04-10T11:41:31","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004315321"},"modified":"2025-02-28T00:02:26","modified_gmt":"2025-02-28T08:02:26","slug":"hff-arranges-sale-of-atlanta-area-retail-center","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/hff-arranges-sale-of-atlanta-area-retail-center\/","title":{"rendered":"HFF Arranges Sale of Atlanta-Area Retail Center"},"content":{"rendered":"<div id=\"attachment_1004315531\" style=\"width: 310px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/04\/Capture-1.png\" target=\"_blank\" rel=\"noopener\"><img decoding=\"async\" aria-describedby=\"caption-attachment-1004315531\" data-attachment-id=\"1004315531\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/hff-arranges-sale-of-atlanta-area-retail-center\/capture-155\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/04\/Capture-1.png\" data-orig-size=\"1048,812\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&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=\"Village at Chapel Hill\" data-image-description=\"\" data-image-caption=\"&lt;p&gt;Village at Chapel Hill&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/04\/Capture-1.png?w=1024\" loading=\"lazy\" class=\"wp-image-1004315531 size-medium\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/04\/Capture-1.png\" alt=\"\" width=\"300\" height=\"232\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/04\/Capture-1.png 1048w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/04\/Capture-1.png?resize=300,232 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/04\/Capture-1.png?resize=768,595 768w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/04\/Capture-1.png?resize=1024,793 1024w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><p id=\"caption-attachment-1004315531\" class=\"wp-caption-text\">Village at Chapel Hill. <em>Image via Google Maps<\/em><\/p><\/div>\n<p>California-based LBX Investments has purchased the 62,719-square-foot Village at Chapel Hill in Douglasville, Ga. HFF worked on behalf of the seller, Cole Credit Property Trust IV Inc. According to Douglas County records, the asset last traded in early 2015 for $14.9 million.<\/p>\n<p>Directors Brad Buchanan and Mike Allison, Senior Managing Director Jim Hamilton and Analyst Andrew Kahn were part of the HFF team that brokered the sale.<\/p>\n<p>Situated at 3020 Chapel Hill Road, the property is less than 1 mile from Interstate 20 and provides access to more than 3.5 million square feet of retail space, with more than 39,000 people in the surrounding area. Additionally, downtown Atlanta is 23 miles away.<\/p>\n<p>Completed in 2009 on a 10.1-acre site, Village at Chapel Hill is anchored by an LA Fitness and Aldi. The tenant roster includes Yogli Mogli, Blue Agave Mexican Restaurant, Chapel Hill Dentistry and One Main Financial. At the time of sale, the retail center was 97 percent occupied. &nbsp;&nbsp;&nbsp;<\/p>\n<p>In February, another HFF team <a href=\"https:\/\/www.commercialsearch.com\/news\/tampa-retail-center-trades-for-8m\/\">brokered the $8 million sale<\/a> of a 46,904-square-foot shopping center in Tampa, Fla.<\/p>\n<p><em>If you\u2019d like to be featured in Brokers\u2019 Corner, send your deal to&nbsp;<a href=\"mailto:deals@cpe-mhn.com\"><strong>deals@cpe-mhn.com<\/strong><\/a>.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Brad Buchanan, Mike Allison, Senior, Jim Hamilton and Andrew Kahn represented the seller in the disposition of the 62,719-square-foot, LA Fitness-anchored asset. <\/p>\n","protected":false},"author":748,"featured_media":1004315531,"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":[42110,32792,37083],"class_list":["post-1004315321","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-atlanta","category-deals","category-latest","category-retail","tag-andrew-kahn","tag-hff","tag-jim-hamilton"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.0) - 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