JLL Capital Markets announced that it has arranged the sale of Peachtree Station, a premier grocery-anchored retail investment in one of Atlanta’s fastest-growing and most affluent submarkets.
JLL worked on behalf of the seller, Harrison Street Asset Management. The buyer was TA Realty.
Peachtree Station is strategically positioned along one of Atlanta’s primary commercial corridors in Chamblee. This prime location offers excellent visibility and connectivity in a highly affluent submarket with an average household income exceeding $170,000 within a five-mile radius.
The 106,388-square-foot retail center is 100% leased and anchored by a high-performing Whole Foods Market occupying 45,136 square feet with significant lease term remaining through 2037. The property features an exceptional tenant mix including nationally recognized brands such as Starbucks, Chipotle, Cava, Verizon Wireless and First Watch. The Whole Foods location ranks as the fourth-most-visited store in Georgia and in the top 40% of all Whole Foods locations nationwide based on foot traffic, with an estimated 865,000-plus annual visits.
JLL Capital Market’s Investment Sales and Advisory team was led by Senior Managing Director Jim Hamilton, Managing Director Brad Buchanan, Director Andrew Kahn, Vice President Andrew Michols and Analysts Charlie Merrigan, Anton Serafini and John Perry Hilton.
The property benefits from its proximity to Atlanta’s most prestigious neighborhoods including Brookhaven, Buckhead and Sandy Springs, with strong daytime employment from nearby commercial centers and DeKalb Peachtree Airport, Georgia’s second-busiest airport.
