Cypress Equities Buys Colonial TownPark Shopping Center

by Nate Hunter

Smyrna, Tenn. — Staples and PetSmart anchor the 450,000-square-foot Colonial TownPark Shopping Center.

Smyrna, Tenn. — SRS Real Estate Partners has brokered the sale of Colonial TownPark Shopping Center, a 450,000-square-foot power center in Smyrna. The property is located on the northeast corner of Interstate 24 and Industrial Boulevard. PetSmart, Ross Dress for Less and Staples anchor the center, which is shadow-anchored by Super Target and Kohl’s. Additional tenants include Dollar Tree, GameStop and GNC.

Pierce Mayson, Kyle Stonis, Scott Tiernan and Ray Uttenhove of SRS Real Estate Partners represented the buyer, an entity affiliated with Cypress Equities, in the transaction.

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