Hendon Properties Acquires Sandy Plains Village Retail Center In Roswell For $25M

The transaction involved a retail property located at 4708 Sandy Plains Road Northeast in Roswell, GA. The sale price for the asset was $25,000,000, and the property encompasses a total of 174,175 square feet, translating to a price per square foot of $144. The retail center is anchored by Painted Tree Boutiques, Movie Tavern, and Dollar Tree.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $25,000,000
• Square Footage: 174,175
• Price Per Square Foot: $144
• Buyer: Hendon Properties
• Seller: SITE Centers Corp
• Brokerage Firm: Matthews Real Estate Investment Services
• Brokers: Kyle Stonis, Pierce Mayson & Boris Shilkrot

Matthew Real Estate Investment Services facilitated the transaction, representing the interests of both the buyer and the seller in this significant retail center sale. The deal underscores the active investment landscape in the Roswell market, highlighting key players in retail property transactions.