ATLANTA—Conyers Crossroads, a 465,993-square-foot retail center in Conyers, GA, has a new owner. JP Morgan Asset Management sold the retail asset to Hendon Properties and its joint venture partner Harbert United States Real Estate Fund V (HUSREF V). Financial terms of the deal were not disclosed.

HFF managing directors Richard Reid and Jim Hamilton and real estate analysts Mike Allison and Pete Anastasi worked on the disposition. HFF director Chip Sykes placed the loan for the buyer through a global commercial and investment bank.

“Conyers Crossroads attracted a significant amount of investor interest due to the property's dominant anchor tenant line up, scale, interstate visibility and access and upside potential,” says Reid. Conyers Crossroads sits north of Interstate 20 at 1454 Dogwood Drive Southeast. That's less than 25 miles east of Downtown Atlanta.

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