Skip Ribbon Commands
Skip to main content

News release


Jones Lang LaSalle Brokers the Sale of Bethesda Walk in Atlanta

ATLANTA, March 18, 2013 — Jones Lang LaSalle’s Capital Markets today announced the firm has closed the sale of Bethesda Walk in Atlanta, Georgia, on behalf of DLC Management Corporation. Connecticut-based Solon Mack Real Estate purchased the 68,271-square-foot shopping center, that is anchored by Walmart Neighborhood Market.

Managing Directors Margaret Caldwell and Kris Cooper led the Jones Lang LaSalle team on this transaction.

“Grocery anchored shopping centers remain in strong demand by all types of retail investors,” commented Caldwell.

Bethesda Walk is well positioned in Lawrenceville to serve the local market with a 44,271-square-foot Walmart Neighborhood Market that opened in mid-2012. The center is located at the intersection of Lawrenceville Highway and Bethesda School Road in the Lawrenceville submarket of Atlanta.

Jones Lang LaSalle Capital Markets is a full-service global provider of capital solutions for real estate investors and occupiers. The firm’s in-depth local market and global investor knowledge delivers the best-in-class solutions for clients — whether a sale, financing, repositioning, advisory or recapitalization execution. In 2011 alone, Jones Lang LaSalle Capital Markets completed $60 billion in investment sale and debt and equity transactions globally. The firm’s dealmakers completed $52 billion in global investment sales and buy-side transactions, equating to nearly $216 million of investment trades completed every working day around the globe. In the United States, Jones Lang LaSalle grew its total Capital Markets volumes by 122 percent in 2011 and is quickly gaining market share across all property types. The firm’s Capital Markets team comprises more than 1,200 specialists, operating all over the globe.

For more news, videos and research resources on Jones Lang LaSalle, please visit the firm’s U.S. media center Web page.  Bookmark it here:

About Jones Lang LaSalle
Jones Lang LaSalle (NYSE:JLL) is a professional services and investment management firm offering specialized real estate services to clients seeking increased value by owning, occupying and investing in real estate. With annual revenue of $3.9 billion, Jones Lang LaSalle operates in 70 countries from more than 1,000 locations worldwide. On behalf of its clients, the firm provides management and real estate outsourcing services to a property portfolio of 2.6 billion square feet. Its investment management business, LaSalle Investment Management, has $47.0 billion of real estate assets under management. For further information, visit