JRW Realty has closed on the transaction of a multi-tenant retail center anchored by Publix Super Markets in Sevierville, Tennessee.
In addition to its Publix anchor, the property is tenanted by national and local companies including HomeGoods, Five Below, Hamrick’s and Eye Care Optical.
JRW Realty real estate associate Aaron Bush facilitated the transaction of the property under the guidance of Joel Staffilino, president of multi-tenant retail. CBRE executive vice president Casey Rosen, senior vice president Paul Gaither and associate Steele McDonald represented the seller, Horne Properties, Inc., in the transaction.
The retail center meets the acquisition criteria of JRW Realty’s buyers, who have an appetite for acquiring grocery-anchored multi-tenant shopping centers and individual net-leased properties backed by essential businesses with creditworthy metrics.