Medipower Acquires Four Atlanta-Area Retail Centers

JLL Negotiates $115 Million Sale of Grocery-Anchored Retail Portfolio Across Four States

Atlanta — JLL Capital Markets has acquired a 588,000-square-foot portfolio of grocery-anchored retail centers in Georgia, South Carolina, Virginia and New Jersey, for $115 million. The portfolio comprises seven retail properties:… The post JLL Negotiates $115 Million Sale of Grocery-Anchored Retail Portfolio Across Four States appeared first on Shopping Center Business.

Medipower Acquires Four Atlanta-Area Retail Centers

Medipower has added seven grocery-anchored retail centers to its US portfolio, four in the Atlanta metro area. The Israeli-based company paid $115 million for the grouping of centers. A number of the centers are found on the SITE Centers website. The portfolio is comprised of approximately 558,000 square feet across seven grocery-anchored retail centers, featuring nationally recognized grocers including Publix, Kroger and Stop & Shop, with avera…

JLL: Grocery-anchored retail center in Lyndhurst trades as part of $115 million portfolio deal – Real Estate NJ

Hickory Flat Village at 6175 Hickory Flat Highway in Canton, Georgia — Courtesy: JLL By Joshua Burd A real estate investment trust has shed a nearly 78,000-square-foot shopping center in Bergen County as part of a four-state, $115 million portfolio sale arranged by JLL. According to the listing team, Medipower purchased the collection of seven grocery-anchored properties totaling roughly 558,000 square feet. They include Lewandowski Commons at 4…