Boston-based TA Realty has scooped up Peachtree Station, the Whole Foods-anchored shopping center in Chamblee, in a deal logged this week in local market filings. The sale shifts the 106,388-square-foot property from an LLC tied to Harrison Street Asset Management to TA Realty for roughly $55.4 million, according to public documents and local reporting.
Marketing materials from JLL Capital Markets, which handled the listing, describe Peachtree Station as a fully leased retail center built in 2017 on about 11.23 acres. Whole Foods occupies roughly 45,136 square feet with a lease that runs through 2037, and the center carries a 6.8-year weighted average lease term along with about 556 parking spaces.
Whole Foods Drives Traffic
Those same marketing materials, cited in local coverage, show the Whole Foods at Peachtree Station is a serious traffic magnet, pulling in more than 865,000 visits per year and ranking among the busiest Whole Foods stores in Georgia. The center also sits in a high-income trade area, with average household incomes reported above $170,000 within a five-mile radius, as reported by What Now Atlanta.
Price and Local Market Context
Local reporting that reviewed tax records pegs the sale price at about $55.4 million and confirms that TA Realty bought the asset from an entity tied to Harrison Street Asset Management. The same coverage notes the property last changed hands in 2018 for around $67.5 million, a data point that underscores steady investor appetite for grocery-anchored retail in the Atlanta suburbs, according to Bisnow.
What The Sale Means For Shoppers And Tenants
For now, the handoff is unlikely to rattle shoppers grabbing their weekly groceries or tenants running their day-to-day operations. Peachtree Station is fully leased, and Whole Foods is locked in with a long-term commitment through 2037. In its marketing, JLL pitched the property as a stable, grocery-anchored income stream with mark-to-market upside, the kind of profile that typically attracts institutional buyers like TA Realty.
For the Chamblee neighborhood, the deal serves as another reminder that well-located, grocery-anchored centers along the broader Peachtree corridor remain highly coveted, even as investors and planners weigh redevelopment and mixed-use options nearby. JLL led the marketing process, and local filings along with published reports provide the sale details cited here.
