ATLANTA, GA— Matthews™, a commercial real estate investment services and technology firm, completed the sale of East Village, located at 2570 Holcomb Bridge Road in Alpharetta, Georgia. Matthews™ Senior Vice Presidents Jeff Enck, Pierce Mayson, Kyle Stonis, and Associate Vice President Boris Shilkrot represented the seller, The Ardent Companies, in the transaction.

 

Positioned along highly trafficked Holcomb Bridge Road, East Village sits at the entrance to a mixed-use redevelopment featuring 335 luxury apartments and 74 townhomes. The 24,674-square-foot unanchored retail property is supported by a strong mix of national credit and essential-services tenants, two outparcel pads, and recent leasing momentum.

 

The Ardent Companies, a repeat client, brought the property to market as the final phase of its disposition strategy following completion of the mixed-use redevelopment. Matthews™ previously sold two additional on-site assets, helping fully execute the Seller’s planned exit from the broader East Village project.

 

Matthews™ sourced the buyer directly through a competitive marketing process that generated multiple early offers from a high-quality buyer pool. The local investor plans to continue operating the center and activating the included outparcel pads.

 

“The property garnered exceptional interest, and we continue to see the trend of unanchored retail centers becoming more and more desirable to investors,” Enck said. “We were able to procure multiple strong offers into the double digits from buyers across the country as well as locally.”

 

The Ardent Companies

The Ardent Companies operates as a privately held real estate firm focused on opportunistic and diversified investment strategies. With significant industry experience and a demonstrated track record, Ardent leverages its established relationships and capital flexibility to attain a diverse set of risk-adjusted investments. The firm pursues opportunities with an innovative and disciplined approach, making material investments together with our limited partners for maximum alignment. As the firm continues to build upon its infrastructure, portfolio, and footprint, Ardent is committed to creating a positive impact on its employees, investors, and communities.

 

Founded in 2012, Ardent has invested over $5.5 billion with over $3 billion in assets currently under management. Ardent’s investment strategies extend across US state lines and country borders, with a current presence in 40 states and three countries. As Ardent expands upon its geographic footprint, the firm continues to grow its employee base with team members based in Atlanta, Charlotte, Miami, Los Angeles, Chicago, and New York City as well as in London, UK.

 

For more information, please contact Jeff Enck, Pierce Mayson, Kyle Stonis, and Boris Shilkrot or 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 employees in 25+ offices across the United States, Matthews™ continues to focus on expansion into new markets. For more information, please visit www.matthews.com.