ATLANTA, GA – The Atlanta office of HFF (Holliday Fenoglio Fowler, L.P.) announced today that it has closed the sale of Everson Pointe (top left photo), an 81,428-square-foot, grocery-anchored retail center in Snellville, Georgia.HFF directors Richard Reid (middle right photo) and Jim Hamilton (lower left photo) led the investment sales team on behalf of the seller, Edens & Avant. The property was purchased free and clear of debt for an undisclosed price.
Everson Pointe is situated on a 9.8-acre site at 3035 Centerville Highway (State Highway 124) in Snellville, an east Atlanta suburb. The property is anchored by Kroger and is 86% leased.
“Everson Pointe is a well-located suburban grocery-anchored shopping center. The property benefits from excellent fundamentals such as layout, visibility, traffic counts and Kroger, a dominant grocer in the market,” said Reid.Edens & Avant develops, owns and operates neighborhood shopping places in primary markets throughout the East Coast.
Focusing on retail in major metro areas, the company has built a portfolio of more than 128 retail centers in 15 states with regional headquarters in Washington D.C., Atlanta, Boston, Miami and Columbia, South Carolina.
Focusing on retail in major metro areas, the company has built a portfolio of more than 128 retail centers in 15 states with regional headquarters in Washington D.C., Atlanta, Boston, Miami and Columbia, South Carolina.
Contacts:
Richard M. Reid, HFF Director, (404) 832-8460 rreid@hfflp.com
Jim R. Hamilton, HFF Director, (404) 832-8460 jhamilton@hfflp.com
Kristen M. Murphy, HFF Associate Director, Marketing, (713) 852-3500,
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