Hendon Properties LLC Acquires Mixed-use Property In Germantown, TN For $35.5M

The mixed-use property located at 1975 & 7670 Poplar Ave in Germantown, TN has been sold in a recent transaction. The property spans a total area of 199,142 square feet and was sold for a price of $35,500,000, resulting in a price per square foot of $178. The transaction took place on 08/29/2022 between the buyer, Hendon Properties LLC, and the seller, PEBB Enterprises.

Summary of transaction details:

• Property Type: Mixed-use
• Transaction Amount: $35,500,000
• Square Footage: 199,142
• Price per Square Foot: $178
• Address: 1975 & 7670 Poplar Ave, Germantown, TN
• Market: Germantown, TN

Evan Halkias and Margaret Jones from Cushman & Wakefield represented both parties, serving as brokers in the transaction.