Our News

April 19, 2013

Ackerman & Co. Sells Fresh Market for $4.6MM

Atlanta, April 19, 2013 – Ackerman & Co has brokered the sale of a 21,018-square-foot grocery store in Winston Salem, NC for $4,640,000 to The Fresh Market. Part of the Mount Tabor Place Development, the  property is located along the busy Robinhood Road Corridor near Wake Forest University and is adjacent to major retailers CVS, Starbuck’s, PNC Bank.

The Ackerman & Co. investment sales team of Sean Patrick and Jason Powell represented the seller (and developer), Mount Tabor Place II, LLC in the transaction. The property was purchased by COLE Capital. This sale represented unique ability to purchase a single-tenant Fresh Market with great sales in a strong submarket.

– About Ackerman & Co. –

Headquartered in Atlanta, Ackerman & Co. is a privately held, full-service commercial real estate firm focused on providing quality investment, brokerage, management and development services in the Southeast. The company, founded in 1967, retains an expert team of more than 100 real estate professionals. To date, Ackerman & Co. has developed and acquired more than 30 million square feet of office, medical, retail and mixed-use space, has nearly 4 million square feet under management, and maintains an investment portfolio valued at $750 million.

The company’s Investment Sales and Retail team provide unsurpassed institutional underwriting and marketing that ensure optimum financial results. Our clients trust us with more than $300 million of active listings.

For more information on Ackerman & Co., visit www.ackermanco.com