Halpern Buys Franklin Centre in Tennessee for $4 Million

Lenoir City, Tenn.  Franklin Centre is 95 percent occupied, with tenants such as Dollar Tree, Sally Beauty Supply and Shoe Show.

Lenoir City, Tenn. – Halpern Enterprises has purchased Franklin Centre, a 31,153-square-foot shopping center in Lenoir City, approximately 20 miles from Knoxville, for $4 million. Franklin Centre is 95 percent occupied, with tenants such as Dollar Tree, Sally Beauty Supply and Shoe Show. Joe Montgomery, senior vice president, and Tony DeAmbrosio, vice president, of Colliers International Atlanta facilitated the transaction. Ziff Properties was the seller of the property.

 

   Scott Reid

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