Cushman & Wakefield Brokers the Sale of Fountain Park Shopping Center
17 Jan, 2006, Atlanta, GA
Cushman & Wakefield's Atlanta Office has brokered the sale of Fountain Park Shopping Center in Columbus, Georgia on behalf of Harbor Group International. Kris J. Cooper and Margaret K. Caldwell of Cushman & Wakefield represented the seller, Harbor Group, in the transaction.
Phillips Edison & Company, based in Baltimore, Maryland, acquired the 107,980 square foot, Winn-Dixie and TJ Maxx anchored neighborhood center, which is located near the intersection of Macon Road and Avalon Road.
"The sale of Fountain Park reflects the retail capital markets' continued recognition of anchored shopping centers in second tier cities in the Southeast as favored acquisition targets." said Kris Cooper, a Senior Director at Cushman & Wakefield.
Cushman & Wakefield is the world's largest privately held real estate services firm. Founded in 1917, the firm has 189 offices in 57 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.