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Matthews™ Executes Sale of Premier Neighborhood Retail Center
Matthews™ Executes Sale of Premier Neighborhood Retail Center featured image

Flint’s Crossing, Anchored by National Credit Tenants, Delivers Long-Term Value in Growing Auburn Market

AUBURN, AL— Matthews™, a commercial real estate investment services and technology firm, announces the successful sale of Flint’s Crossing, a 97,668 square foot neighborhood shopping center located in the heart of Auburn, Alabama. Matthews™ Senior Vice Presidents Kyle Stonis and Pierce Mayson and Associate Vice President Boris Shilkrot facilitated the transaction on behalf of the seller, RECS Flint’s Crossing, LLC, a repeat client.

 

Anchored by HomeGoods and Michaels, Flint’s Crossing is a best-in-market retail destination with a “main and main” position within Auburn’s premier retail corridor. In 2022, HomeGoods signed a new 10-year lease for 22,850 square feet, complementing Michaels’ long-term commitment to the property. Additionally, national tenants include Panera Bread, UPS, Subway, Cicis, Plato’s Closet, Kumon, and uBreakiFix, contributing to a roster that is approximately 75 percent national and regional retailers.

 

The property has seen strong leasing momentum, with 15,115 square feet of new tenants added since 2022, and recent renovations and façade upgrades have further enhanced the center’s appeal. With Auburn University’s 34,000 students fueling steady demand and Auburn’s continued growth as one of the Southeast’s strongest SEC college towns, Flint’s Crossing stands as one of the area’s most desirable retail assets.

 

“Flint’s Crossing is a best-in-market retail center with a phenomenal position in Auburn,” said Kyle Stonis. “It will be a great addition to the buyer’s portfolio as Auburn continues to grow and expand as one of the Southeast’s strongest SEC college towns.”

 

The buyer identified Flint’s Crossing as a strategic, long-term investment opportunity to expand their portfolio within a thriving Alabama 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 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.

 

PRESS CONTACT

Leanne Jenkins
(805) 807-3149
leanne.jenkins@matthews.com

Shopping Centers

Additional Authors

Pierce Mayson photo

Pierce Mayson

Senior Vice President

Boris Shilkrot photo

Boris Shilkrot

Associate Vice President

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