ATLANTA – Cassidy Turley, a leading commercial real estate services provider in the U.S., announces it has closed on the sale of the Rockbridge Place Shopping Center located at 5719 Rockbridge Road in Stone Mountain, Ga. Cassidy Turley Vice Presidents Mark Joines and Drew Fleming represented the seller, DLC Management Corp. The buyer, represented by Jeff Schaffer of Schaffer & Associates, was a local private equity group.
Rockbridge Place is a 74,768-square-foot center anchored by Food Depot and CVS located near a busy traffic-light intersection. The development is currently 95 percent leased.
“We were excited to represent DLC Management in this transaction,” said Joines, Vice President of Cassidy Turley’s brokerage group. “The buyer acquired a strong performing center in a relatively dense area of metro Atlanta.”
About Cassidy Turley
Cassidy Turley is a leading commercial real estate services provider with more than 3,700 professionals in more than 60 offices nationwide. The company represents a wide range of clients—from small businesses to Fortune 500 companies, from local non-profits to major institutions. The firm completed transactions valued at $22 billion in 2011, manages 455 million square feet on behalf of institutional, corporate and private clients and supports more than 28,000 domestic corporate services locations. Cassidy Turley serves owners, investors and tenants with a full spectrum of integrated commercial real estate services—including capital markets, tenant representation, corporate services, project leasing, property management, project and development services, and research and consulting. Cassidy Turley enhances its global service delivery outside North America through a partnership with GVA, giving clients access to commercial real estate professionals in 65 international markets. Please visit www.cassidyturley.com for more information about Cassidy Turley.