Asana Partners Acquires Highland Village Retail Center In Jackson Mississippi From WS Development

The property asset involved in this transaction is a retail shopping center located at 4500 I-55 North Frontage Road in Jackson, Mississippi. The shopping center spans 217,589 square feet and is situated on a 14.5-acre lot. At the time of sale, the property was approximately 90% leased to various tenants, including Free People, Kendra Scott, lululemon, and Maison Weiss. The center is anchored by Whole Foods Market, which is the only one in the state.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: Undisclosed
• Sale Date: 07/09/2026
• Address: 4500 I-55 North Frontage Road
• Market: Jackson, MS
• Asset Size: 217,589 SF
• Acres: 14.5
• Buyer: Asana Partners
• Seller: WS Development
• Broker: Conor Lalor - Newmark

Newmark facilitated the sale of the Highland Village shopping center, originally developed in 1960 and redeveloped in 2017. Conor Lalor represented the seller, WS Development, in the transaction.