CHAMBLEE, GA. — Cushman & Wakefield has brokered the sale of Peachtree Station, a 106,372-square-foot retail center in Chamblee, a city 15 miles north of downtown Atlanta. The center is located at 5001 Peachtree Blvd. and features 1,000 feet of frontage along the thoroughfare. Fain Hicks of Cushman & Wakefield arranged the transaction on behalf of the seller and developer, S.J. Collins Enterprises. Dallas-based Sarofim Realty Advisors acquired the center for approximately $68 million, according to the Atlanta Business Chronicle. The property was delivered in 2017 and was fully preleased prior to completion. A 45,000-square-foot Whole Foods Market anchors the center. Additional tenants include Starbucks Coffee, Verizon Wireless, CRS Outdoor, Mattress Firm, The Cook’s Warehouse, Banfield Pet Hospital, Zoë’s Kitchen and Chipotle Mexican Grill.
A 45,000-square-foot Whole Foods Market anchors Peachtree Station, a newly constructed shopping center in Chamblee, Ga., roughly 15 mlies north of downtown Atlanta.
Cushman & Wakefield Brokers $68M Sale of New Whole Foods-Anchored Center in Metro Atlanta
316