Atlanta-area neighborhood retail center sells
JLL Capital Markets arranges sale of Roswell Market Center, shopping center in highly sought after submarket in Atlanta sells
ATLANTA, July 10, 2024 – JLL Capital Markets announced today the sale of Roswell Market Center, an 82,029-square-foot neighborhood shopping center in growing Atlanta suburb.
JLL represented the seller, Sterling Organization, in the transaction.
Constructed in 1990, Roswell Market Center is currently occupied by a strong roster of national retailers, including AutoZone, Dollar Tree, Subway, AT&T and shadow anchored by Home Depot. The property also benefits from a highly affluent customer base, with the surrounding submarket boasting an average household income of over $165,403.
Situated at 1580 Holcomb Bridge Rd., the shopping center is conveniently positioned within one mile of GA-400, granting easy access to Atlanta's most sought-after submarkets and largest office markets.
The JLL Capital Markets Investment Sales and Advisory team was spearheaded by Senior Managing Director Jim Hamilton, Managing Director Brad Buchanan and Vice President Andrew Kahn.
JLL Capital Markets is a full-service global provider of capital solutions for real estate investors and occupiers. The firm's in-depth local market and global investor knowledge delivers the best-in-class solutions for clients — whether investment sales and advisory, debt advisory, equity advisory or a recapitalization. The firm has more than 3,000 Capital Markets specialists worldwide with offices in nearly 50 countries.
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About JLL
For over 200 years, JLL (NYSE: JLL), a leading global commercial real estate and investment management company, has helped clients buy, build, occupy, manage and invest in a variety of commercial, industrial, hotel, residential and retail properties. A Fortune 500® company with annual revenue of $20.8 billion and operations in over 80 countries around the world, our more than 108,000 employees bring the power of a global platform combined with local expertise. Driven by our purpose to shape the future of real estate for a better world, we help our clients, people and communities SEE A BRIGHTER WAYSM. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit jll.com.
About Sterling Organization
Sterling Organization is a vertically integrated private equity real estate investment firm whose national platform is focused on investing in retail and LAST HOUR® consumer fulfilment and distribution real estate assets. Sterling Organization, and its affiliates, own and manage 72 properties across the U.S. with more than 12 million square feet of primarily retail real estate across the U.S. worth over $2 billion in value. The company is headquartered in Palm Beach, Florida, with additional offices strategically located throughout the U.S. For more information, please visit sterlingorganization.com.