Skip Ribbon Commands
Skip to main content

News release


Jones Lang LaSalle Brokers the Sale of Powers Ferry Plaza in Atlanta

ATLANTA, Nov. 21, 2012 — Jones Lang LaSalle announced today it has closed the sale of Powers Ferry Plaza on behalf of Equity One. An Atlanta-based private investor purchased the 86,401 square-foot Micro Center anchored shopping center.

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

“This shopping center is very well located with a long term anchor lease making it a solid retail investment,” commented Cooper.
The Property is strategically located on approximately10.70 acres along Powers Ferry Road near the intersection of Powers Ferry Road and Delk Road approximately 12.3 miles Northwest of downtown 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 2012 alone, Jones Lang LaSalle Capital Markets completed $63 billion in investment sale and debt and equity transactions globally. The firm’s dealmakers completed $60 billion in global investment sales and buy-side transactions, equating to nearly $240 million of investment trades completed every working day around the globe. The firm’s Capital Markets team comprises more than 1,300 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:

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 and completed $63 billion in sales, acquisitions and finance transactions in 2012. Its investment management business, LaSalle Investment Management, has $46.7 billion of real estate assets under management. For further information, visit