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Atlanta — Marcus & Millichap has arranged the $9 million sale of Red Oak Village, a 75,011-square-foot multi-tenant retail center located in Atlanta. Situated roughly five miles from Hartsfield-Jackson Atlanta International Airport, the four-building property spans 9.9 acres. The center is leased to 22 tenants including Family Dollar, Wayfield Foods, T-Mobile and the U.S. Postal Service.
Salim Valiani and Alex Goodale of Marcus & Millichap’s Orlando office marketed the property on behalf of the seller, Y & H Property Inc., and procured the 1031-exchange buyer, BJ & Properties LLC, in the transaction. John Leonard is the firm’s broker of record in Georgia.