Fischer Marketplace Sold For $26.9M With Buyer’s Rep Kevin Fryman & Edward Hanley

The asset involved in the transaction is a retail property located at 105 Fischer Marketplace Lane in Sharpsburg, GA. The sale was completed for a total price of $26,900,000. This fully leased shopping center features a total area of 70,134 square feet and has a price per square foot value of approximately $384.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $26,900,000
• Address: 105 Fischer Marketplace Lane
• Market: Sharpsburg, GA
• Square Footage: 70,134
• Price per Square Foot: $384
• Seller: ForCAST Real Estate Development LLC & Brent Holdings
• Buyer's Representative: Kevin Fryman & Edward Hanley - Hanley Investment Group
• Seller's Representatives: Hunter Steffien, Jeff Conover - Faris Lee Investments; Tyler Strauss, Scott DeYoung, Bryan Belk & John Tennant - Franklin Street

Hanley Investment Group played a key role in brokering this transaction, representing the buyer in the acquisition of the Publix-anchored shopping center. The involvement of multiple brokers from two different agencies highlights the collaborative efforts in executing this significant deal in the retail sector.