Published on August 18th, 2015 |2
TOWN Brookhaven shopping center sold to GLL Real Estate Partners
TOWN Brookhaven is the retail and office component of a $400 million mixed-use development featuring 949 existing luxury apartment units and 374 units under construction.
The mixed-use property was 94 percent leased at the time of sale, with anchors including LA Fitness, Marshalls and Publix in addition to Cinebistro and Costco. In addition to retailers and restaurants, TOWN Brookhaven features 22,000 square feet of office space.
GLL Real Estate Partners purchased the property from a partnership between The Sembler Co. and Bell Partners. Eastdil Secured’s Atlanta office brokered the transaction.