ATLANTA – Cassidy Turley, a leading commercial real estate services provider in the U.S., announced today its Southeast Retail Group has been hired to sell Statesboro Square Shopping Center in Statesboro, Ga.
Located adjacent to Statesboro High School, the 41,000-square-foot center is anchored by Big Lots and Rentown. The center is debt free and 97 percent leased. Cassidy Turley Vice Presidents Drew Fleming and Mark Joines are marketing the center.
"Located just a stone’s throw from Statesboro High, Statesboro Square is a community shopping center in the truest sense," Fleming said. "Students and residents from the surrounding areas depend on it - especially Big Lots and Rentown."
The shopping center’s high occupancy level and stable cash flow should make it an attractive investment opportunity for local investors, Joines said.
Fleming and Joines have successfully marketed other shopping centers in Southeast Georgia including the sale of Liberty Square in Hinesville last year. The shopping center’s tenants include Peebles, Goodwill, Dollar General and USA Discounters.
On Sept. 1, Cassidy Turley completed its acquisition of the brokerage and property management businesses of Carter, a national leader in project development, commercial real estate services and investments.