HFF Closes Sale of Roswell Market Place in Suburban Atlanta

4/9/19

Holliday Fenoglio Fowler, L.P. (HFF) announces that it has closed the sale of Roswell Market Place, a 95,522-square-foot shopping center anchored by Sprouts Farmers Market in Roswell, Georgia.

HFF marketed the property on behalf of the seller and procured the buyer, Branch Properties, LLC.

Roswell Market Place is located at 10800 Alpharetta Highway in Roswell, a suburban community approximately 20 miles from downtown Atlanta. The average household income within a five-mile radius of the property is more than $134,000 and the buying power in this same area is more than $9.6 billion, comparing favorably with some of the Southeast’s wealthiest submarkets. Completed in 1986 and most recently renovated in 2015 and 2016, the 88-percent-leased property is home to anchor tenant Sprouts Farmers Market as well as Starbucks, 13 Hub Lane, Another Broken Egg Cafe, Subway, Bad Daddy’s Burger Bar, Chipotle, The UPS Store and more.

The HFF investment advisory team representing the seller included senior managing director Jim Hamilton, director Brad Buchanan and director Mike Allison.

About Branch Properties, LLC

Founded in 1973 and based in Atlanta, Branch Properties, LLC, is a private real estate investment firm whose primary focus is high-quality, grocery-anchored shopping centers located in Georgia, Alabama, Florida, Tennessee, North Carolina and South Carolina. As a vertically integrated real estate operating company, Branch has the in-house expertise to source, negotiate, acquire, develop, re-develop, finance, lease and manage its investments. Over the past four decades, Branch has acquired, developed and managed over $2.5 billion of commercial real estate, accounting for more than 12 million square feet of leasable space. Learn more at http://www.branchprop.com.

About HFF

HFF and its affiliates operate out of 26 offices and are a leading provider of commercial real estate and capital markets services to the global commercial real estate industry. HFF, together with its affiliates, offers clients a fully integrated capital markets platform, including debt placement, investment advisory, equity placement, funds marketing, M&A and corporate advisory, loan sales and loan servicing. HFF, HFF Real Estate Limited, HFF Securities L.P. and HFF Securities Limited are owned by HFF, Inc. (NYSE: HF). For more information, please visit hfflp.com or follow HFF on Twitter @HFF.