Cushman & Wakefield has arranged the $29.75 million sale of the former Leggett & Platt site at the corner of Memorial Drive and Bill Kennedy Way in Atlanta’sReynoldstown submarket. Matt Hawkins, Pierce Owings and Ron Willingham represented the seller in the transaction.
Fuqua Development acquired the 17-acre property, where it intends to develop a $250 million mixed-use development anchored by Publix and an AMC Theatre. The development, which could open as early as the spring of 2019, will include 160,000 square feet of retail, 80,000 square feet of loft office, 550 apartments and townhomes.
For more information on Cushman & Wakefield’s Land Sales Team, visit our website.
About Cushman & Wakefield
Cushman & Wakefield is a leading global real estate services firm that helps clients transform the way people work, shop, and live. Our 45,000 employees in more than 70 countries help occupiers and investors optimize the value of their real estate by combining our global perspective and deep local knowledge with an impressive platform of real estate solutions. Cushman & Wakefield is among the largest commercial real estate services firms with revenue of $6 billion across core services of agency leasing, asset services, capital markets, facility services (C&W Services), global occupier services, investment & asset management (DTZ Investors), project & development services, tenant representation, and valuation & advisory. 2017 marks the 100-year anniversary of the Cushman & Wakefield brand. 100 years of taking our clients’ ideas and putting them into action. To learn more, visit www.cushwakecentennial.com, www.cushmanwakefield.com or follow @CushWake on Twitter.