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Whole Foods-anchored center in Mountain Brook, Ala., purchased by institutional buyer

 

 

L & B Realty Advisors sold Cahaba Village, a trophy 115,180-square-foot, Whole Foods-anchored retail center in the affluent Birmingham submarket of Mountain Brook, Alabama, to an institutional buyer for an undisclosed price.

 

Cahaba Village is a generational asset located in Mountain Brook, one of the most affluent markets in Alabama, and is strategically positioned along U.S. 280, the main retail corridor in Birmingham. 

 

The property is home to one of the most dynamic, highest-performing tenant line-ups in the southeast and features such notable tenants as Whole Foods, Diamonds Direct, Mountain High Outfitters and Bryant Bank.

 

An HFF investment sales team representing the seller was led by senior managing directors Jim Hamilton, Richard Reid and Barry Brown; managing director Ryan Shore and associates Mike Allison and Brad Buchanan.

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