JLL Arranges $18.6 Million Sale of Kroger-Anchored Shopping Center Near Atlanta

by Alex Tostado

Canton, Ga. — JLL has arranged the $18.6 million sale of Hickory Flat Commons, a Kroger-anchored shopping center located along Hickory Flat Highway in Canton, about 34 miles north of downtown Atlanta. The 115,000-square-foot property was 97 percent leased at the time of sale to tenants such as Anytime Fitness, Mathnasium, furniture store Phillips Trading, Great Clips and Platinum Cleaners. Jim Hamilton of JLL represented the undisclosed seller in the transaction. Phillips Edison & Co. acquired the center as part of a 1031 tax exchange.

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