South Coast Commercial Acquires Ivy Walk in Suburban Atlanta for $18.5 Million

Smyrna, Ga. — South Coast Commercial has acquired Ivy Walk, a 42,499-square-foot neighborhood retail center located in the Atlanta suburb of Smyrna, for $18.5 million. Built in 2004, the property was 91 percent occupied at the time of sale by tenants including Muss & Turner’s, South City Kitchen, First Watch, Natural Body Spa and Children’s Healthcare of Atlanta. The center is located at the intersection of Atlanta Road and Cumberland Parkway, roughly 16 miles northwest of Atlanta. Brad Buchanan, Jim Hamilton and Andrew Kahn of JLL Capital Markets represented the seller, MRE Properties, in the transaction.