Printer-friendly version ATLANTA, GA - July 1, 2014 – HFF announced today that it has closed the sale of Southside at McEwen, a trophy, high-end, grocery center anchored by Whole Foods in Nashville, Tennessee.
HFF marketed the property on behalf of the seller, Amstar. The buyer and pricing were not disclosed.
Whole Foods Market is the largest grocer of natural and organic foods in the United States and is one of the most sought after grocers in the world. The property is located in the Cool Springs submarket, which is the dominant high-end business, shopping and entertainment district in the Nashville MSA. The property was completed in 2012 and features a number of high end retailers including Whole Foods, lululemon, fab’rik, charming Charlie, BrickTop’s, Pei Wei and Mountain High Outfitters.
The HFF investment sales team representing the seller was led by managing directors Jim Hamilton and Richard Reid and senior managing director Mark Sixour.
Established in 1987 and headquartered in Denver, Colorado, Amstar is a real estate investment manager that acquires, develops and manages office, multifamily, retail, hotel and industrial properties in select U.S. and international markets. Originally formed to invest and manage the real estate allocation of a large family office client, Amstar began expanding its capital strategy nearly a decade ago and has grown to more than $2.4 billion in assets under management (as of December 31, 2013). Today, Amstar is proud to provide a high degree of focus and attention to its client relationships, counting among them leaders in the private and institutional investment community. Amstar’s clients originate from across the globe and include U.S. and European institutions, insurance companies, private banks, funds of funds, and other family offices.
HFF (Holliday Fenoglio Fowler, L.P.) and HFFS (HFF Securities L.P.) are owned by HFF, Inc. (NYSE: HF). HFF operates out of 22 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, investment sales, equity placement, advisory services, loan sales and commercial loan servicing. For more information please visit hfflp.com or follow HFF on Twitter at twitter.com/hff.