ATLANTA — Matthews™, a commercial real estate investment services and technology firm, announces the sale of Spalding Village, a 222,017+ square foot community shopping center located in Griffin, GA, on the south side of the Atlanta MSA. Matthews™ Senior Vice Presidents Kyle Stonis and Pierce Mayson, along with  Associate Vice President Boris Shilkrot, represented the seller, Big V Property Group. The buyer, Aggarwal Real Estate, was sourced directly by Matthews™.

 

Originally acquired by Big V Property Group, the seller chose to divest Spalding Village as part of a capital recycling strategy. This marks the second time Stonis and Mayson have sold Spalding Village, highlighting the strength of long-term client relationships.  

 

Spalding Village stands as a premier community retail destination, boasting a synergistic national tenant mix and central position along US 19/41 (GA-3), immediately adjacent to the University of Georgia’s Griffin Campus. National anchors Hobby Lobby, Ross Dress for Less, Goodwill, and Ollie’s Bargain Outlet comprise over 66% of the total GLA, with approximately 72% of the center leased to national brands.  

 

Spalding Village underwent extensive renovations in 2024, including the rebuilding of the Hobby Lobby box, positioning the center for continued success under new ownership.

 

“We are thrilled to complete the successful full-circle sale of Spalding Village,” said Kyle Stonis. “It’s a great fit for the buyer’s Atlanta-area portfolio, and I know they will do an excellent job taking it forward and continuing to build on the shopping experience it has provided in the market for many years.”

 

The transaction exemplifies Matthews™ commitment to providing clients with a tailored process and seamless execution that drives long-term value. With direct buyer sourcing and repeat client representation, the sale of Spalding Village reflects the firm’s continued dominance in the Southeast retail investment market.  

 

For more information, or to contact a Matthews™ specialized agent, please visit www.matthews.com. 

 

ABOUT MATTHEWS™

Matthews™, a commercial real estate investment services and technology firm, holds recognition as an industry leader in investment sales, leasing, and debt and structured finance. Based out of Nashville, TN, and strategically positioned with over 1,000 agents and support staff in 30+ offices across the United States, Matthews™ continues to focus on expansion into new markets. For more information, please visit www.matthews.com.