Cushman & Wakefield Brokers Sale Of South Central Shopping Center In Moultrie, Ga
10 Oct, 2006, Atlanta
October 10, 2006 - Cushman & Wakefield's Atlanta Office has successfully brokered the sale of South Central Shopping Center located in Moultrie, Georgia on behalf of Columbia, South Carolina based Edens & Avant. Kris J. Cooper and Margaret K. Caldwell of Cushman & Wakefield's Atlanta Office handled the sale in partnership with Jim Michalak of Tampa, Florida based Plaza Advisors. The buyer was Boston, MA based Flag Wharf, Inc.
Constructed in 1997, the shopping center totals 196,589 square feet and is anchored by a 149,704 square foot Wal-Mart Supercenter.
"The sale of South Central Shopping Center in Moultrie confirms the credit strength and strong consumer drawing power of a Wal-Mart Supercenter, even in a tertiary market in South Georgia." said Cooper a Senior Director and Team Leader at Cushman & Wakefield. "The retail capital markets' momentum over the last two years continues to be very strong in 2006."
Cushman & Wakefield is the world's pre-eminent real estate services firm. Founded in 1917, the firm has 195 offices in 55 countries around the globe, and 11,000+ talented professionals. Cushman & Wakefield delivers integrated solutions by actively advising, implementing and managing on behalf of landlords, tenants, and investors through every stage of the real estate process. These solutions include helping clients to buy, sell, finance, lease, and manage assets. C&W also provides valuation advice, strategic planning and research, portfolio analysis, and site selection and space location assistance, among many other advisory services. To find out more about Cushman & Wakefield, please call 1-800-376-3133, or visit the firm’s Web site at www.cushmanwakefield.com.
# # #