TA Realty Acquires Whole Foods-Anchored Retail Center In Chamblee For $55.4 Million

The property asset involved in this transaction is an 11-acre retail space located at 5001 Peachtree Boulevard in Chamblee, Georgia. The property, which encompasses 106,388 square feet, was acquired for a total sale price of $55,400,000. The per square foot price reflects a valuation of $521, while the price per acre stands at $5,036,364.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $55,400,000
• Square Footage: 106,388
• Address: 5001 Peachtree Boulevard
• Market: Chamblee, GA
• Acres: 11
• Price per Square Foot: $521
• Price per Acre: $5,036,364

This transaction was facilitated by a team of brokers from JLL, including Andrew Michols, Jim Hamilton, Brad Buchanan, Andrew Kahn, Charlie Merrigan, Anton Serafini, and John Perry Hilton. TA Realty, the buyer, acquired the retail center, known as Peachtree Station, from Harrison Street Asset Management.