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HFF in Twin Kroger-Anchored Retail Sale

ATLANTA-HFF's Jim Hamilton tells GlobeSt.com's Jennifer LeClaire that he doesn't see much core product hitting the Atlanta market so the competition is steep.

By Jennifer LeClaire | Updated on September 12, 2011

ATLANTA-Atlanta’s retail market is rivaling South Florida and Washington, DC, evidenced by back-to-back grocery-anchored shopping centers in the region. The properties span 235,286 square feet in Alpharetta.

HFF marketed the assets on behalf of the seller, LaSalle Investment Management. AEW Capital Management purchased both properties for $43.15 million free and clear of debt. HFF directors Jim Hamilton and Richard Reid lead the sale of Crabapple Shopping Center and Saddlebrook Shopping Center.

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