ATLANTA, GA – HFF announced today that it has closed the sale of Loganville Crossing, a 120,819-square-foot grocery-anchored retail center in Loganville, Georgia.
HFF marketed the property on behalf of the seller, Loganville CrossingLLC & Downtown Square Capital, LLC. American National Insurance Company, which was represented by Realm Realty Company, Inc., purchased the asset.
Loganville Crossing is located at 4753 Atlanta Highway (U.S. 78) in Loganville, northeast of downtown Atlanta. Built in 2008, the center is 98 percent leased and is anchored by Kroger. Other tenants include Edible Arrangements, Great Clips, Marco’s Pizza, Quest Diagnostics and Shane’s Rib Shack.
The HFF team representing the seller was led by managing directors Jim Hamilton and Richard Reid and real estate analyst Mike Allison.
American National Insurance Company (American National), headquartered in Galveston, Texas, was founded in 1905 and is licensed to conduct the business of insurance in all states except New York. American National has been assigned an ‘A’ rating by A.M. Best Company and an ‘A’ rating by Standard & Poor’s, both of which are nationally recognized rating agencies. American National is also a Family of Companies offering a broad line of products and services, which include life insurance, annuities, health insurance, credit insurance, pension products and property and casualty insurance for personal lines, agribusiness, and targeted commercial exposures. For more information, visit www.anico.com.
HFF (Holliday Fenoglio Fowler, L.P.) and HFFS (HFF Securities L.P.) are owned by HFF, Inc. (NYSE: HF). HFF operates out of 21 offices nationwide and is a leading provider of commercial real estate and capital markets services to the U.S. commercial real estate industry. HFF together with its affiliate HFFS offer clients a fully integrated national capital markets platform including debt placement, www.hfflp.com or follow HFF on Twitter at www.twitter.com/hff.sales, equity placement, advisory services, loan sales and commercial loan servicing. For more information please visit