Greg Sembler Of The Sembler Company And Peter Collins Of Forge Capital Partners Acquire Lynnwood Place In Jackson TN
941 North Parkway
Building Size
96,613 SF
Asset Type
Retail
Closing
Aug 14, 2026
AI
941 North Parkway in Jackson, TN, is a retail asset comprising 96,613 square feet and situated on 12.37 acres. The property is anchored by Kroger and features a variety of tenants, including Domino’s Pizza, Cato, and Spectrum, with 17,515 square feet currently available for lease.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: Not disclosed
- Address: 941 North Parkway
- Market: Jackson, TN
- Asset Size: 96,613 square feet
- Acres: 12.37
- Occupancy: 82%
- Buyers: Greg Sembler - The Sembler Company; Peter Collins - Forge Capital Partners
- Broker: Cushman & Wakefield
The deal involved Greg Sembler representing The Sembler Company and Peter Collins representing Forge Capital Partners. The acquisition was facilitated through the Forge Real Estate Partners investment fund, with Sembler taking on property management and leasing responsibilities for Lynnwood Place.
Players
Saint Clair Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93