Azad acquires Alabama power center
Houston-based Azad Commercial Realty has acquired Oxford Exchange, a market-dominant power center in Oxford, Alabama. The sale was brokered by JLL, which did not disclose the sale price or identity of the seller.
The 333,975-sq.-ft. center houses a range of top retail brands including, TJ Maxx, Hobby Lobby, Dick’s Sporting Goods, Old Navy, Bed Bath & Beyond, and Ross Dress for Less. It is shadow-anchored by Target, Kohl’s, Home Depot, and Sam’s Club.
“The property is strategically located along I-20, providing excellent visibility in a highly trafficked corridor between Atlanta and Birmingham, serving a 30-mile trade area in all directions,” said JLL managing director Margaret Caldwell, who directed the transaction.
Connect with me on LinkedIn | Follow me on Twitter
The 333,975-sq.-ft. center houses a range of top retail brands including, TJ Maxx, Hobby Lobby, Dick’s Sporting Goods, Old Navy, Bed Bath & Beyond, and Ross Dress for Less. It is shadow-anchored by Target, Kohl’s, Home Depot, and Sam’s Club.
“The property is strategically located along I-20, providing excellent visibility in a highly trafficked corridor between Atlanta and Birmingham, serving a 30-mile trade area in all directions,” said JLL managing director Margaret Caldwell, who directed the transaction.
Connect with me on LinkedIn | Follow me on Twitter