Asana Partners Acquires Shops Of Dunwoody Retail Property From Hudgens Company For $27.5M

The asset involved in this transaction is a retail property located at 5500 Chamblee Dunwoody Road in Dunwoody, GA. The sale price for the Shops of Dunwoody was $27,500,000. Asana Partners also acquired nearby parcels for an additional $7,500,000. This acquisition contributes to Asana Partners' regional portfolio, which encompasses properties like Krog Street Market and Midtown Promenade.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $27,500,000
• Buyer: Asana Partners
• Seller: Hudgens Company
• Additional Parcel Acquisition: $7,500,000

This transaction was facilitated by Asana Partners, which is known for building a significant regional portfolio through strategic acquisitions. The seller, Hudgens Company, has completed the sale of the property to Asana Partners as part of their portfolio management strategy.