ATLANTA—Hickory Flat Commons has a new owner. Connolly Realty Services sold the 114,751-square-foot grocery-anchored retail center to an affiliate of Cole Real Estate Investments for $19 million.
HFF managing directors Jim Hamilton and Richard Reid represented the seller. Thomas Falatko, vice president acquisitions, multi-tenant retail at HFF, represented Cole.
Hickory Flat Commons sits on 18.5-acres in Canton, 30 miles north of Atlanta. Completed in 2008, the property is 96% leased to tenants including Kroger, Anytime Fitness, Verizon Wireless, Little Caesars, Gymboree, and Great Clips.
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