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JLL Facilitates Sale of Whole Foods-Anchored Retail Center in Franklin, Tennessee

JLL Facilitates Sale of Whole Foods-Anchored Retail Center in Franklin, Tennessee

Franklin, TennesseeSource: REBusinessOnline
CompaniesDealsMarkets

JLL Capital Markets recently brokered the sale of Southside at McEwen, a 92,470-square-foot retail center situated in Franklin, Tennessee. The property, developed in 2012 on 10.5 acres, was fully leased at the time of the transaction. JLL's Jim Hamilton, Brad Buchanan, and John Perry Hilton represented the seller, New York City-based Nuveen Real Estate. The buyer, a high net-worth family office, utilized Dallas-based Lincoln Property Co. as their investment advisor. The specific sales price was not publicly disclosed.

The retail center is anchored by a Whole Foods Market and features a diverse tenant roster, including lululemon, Flower Child, Solidcore, BrickTop’s, Kendra Scott, Fab’rik, and PNC Bank. This transaction highlights continued investor interest in well-located, fully leased retail assets, particularly those with strong anchor tenants, within growing metropolitan areas like Nashville.

Topics

franklinjlllincoln-property-conashville-metronuveen-real-estateretail-centerwhole-foods

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