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Summit Point Trade Signals an Improving Developer Market

ATLANTA-JLL's Margaret Caldwell tells GlobeSt.com's Jennifer LeClaire to expect more non-grocery anchored sales in 2012.

By Jennifer LeClaire | Updated on January 04, 2012

ATLANTA—In one of the first retail trades of 2011, Summit Point Shopping Center has a new owner. Concordia Properties sold the 104,572-square-foot Publix-anchored shopping center to Thompson National Properties for an undisclosed amount.

Jones Lang LaSalle managing directors Kris Cooper and Margaret Caldwell led the JLL team on the transaction. Summit Point is located in Fayette County on Georgia Highway 85, approximately 12 miles south of the world’s busiest airport, Hartsfield-Jackson Atlanta International Airport, and just south of Atlanta’s CBD.

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