ATLANTA—Peachtree Station, a 106,372-square-foot, Whole Foods-anchored retail center in Chamblee, GA, has traded hands. The retail asset sold for $68 million, or $630 per square foot.
Fain Hicks of Cushman & Wakefield's Retail Investment Sales Team represented the seller, S.J. Collins Enterprises, in the transaction. Sarofin Realty Advisors, an out-of-state institutional investor acquired the property.
According to CoStar, there is only one other shopping center sale that reported a higher price in the past 12 months. That was PGIM Real Estate's sale of North Point Marketplace to CBRE Global Investors for more than $108 million.
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