JRW Realty closes Publix-anchored mall in Sevierville, TN
PASADENA, Calif., January 18, 2022–(BUSINESS WIRE)–JRW Realty is pleased to announce that it has closed the transaction for a multi-tenant shopping center anchored by Publix Super Markets in Sevierville, Tennessee. In addition to its Publix anchor, the property is occupied by national and local businesses, including HomeGoods, Five Below, Hamrick’s and Eye Care Optical.
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A multi-tenant mall anchored by Publix Super Markets in Sevierville, Tennessee, purchased and closed by JRW Realty. (Photo: BusinessWire)
Aaron Bush, Real Estate Partner of JRW Realty, facilitated the transaction of the property under the direction of Joel Staffilino, President of Multi-Tenant Retail. CBRE Executive Vice President Casey Rosen, Senior Vice President Paul Gaither and Partner Steele McDonald represented the seller, Horne Properties, Inc., in the transaction.
The mall meets the acquisition criteria of JRW Realty’s buyers, who have a strong appetite for acquiring grocery-anchored multi-tenant malls and single-unit net lease properties backed by essential businesses with creditworthy metrics. JRW Realty’s streamlined closing processes allow its team to close deals in as little as 28 days after contract signing, and the company’s relationship-based approach to net-to-let real estate enabled JRW Realty to secure over 15 million square feet of property. for its customers.
About JRW Realty
JRW Realty is a commercial real estate brokerage firm that has closed over $3 billion in transactions on over 875 properties on behalf of its clients. The JRW Realty team pays close attention to due diligence, reviewing over 100 properties each week and choosing to source only the top 3-4% for clients based on their rigorous acquisition criteria. For more information, visit www.jrwrealty.com.
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Multi-Tenant Retail Acquisition Contact Information
Joel Staffilino, President – Multi-Tenant Retail
Aaron Bush, Real Estate Associate
Single-tenant net lease acquisitions
Melinda Marston, President – STNL
CA DRE #01950977