Jones Lang LaSalle Inc.

11/15/2024 | Press release | Distributed by Public on 11/15/2024 09:40

Premier shopping center, Thompson Square in Tupelo trades hands

ATLANTA, Nov. 15, 2024 - JLL Capital Markets announced today that it has closed the sale of Thompson Square, a 69,448-square-foot retail center located in Tupelo, Mississippi.

JLL represented the seller, Midland Atlantic Properties. The buyer was The Mishra Group.

Thompson Square, located at 960 Barnes Crossing Rd., is anchored by an established and high-performing Kroger, and features an array of national and regional shop tenants including Enterprise, Buff City Soap, Republic Finance and Allstate, along with a high-performing Chick-Fil-A.

The 100% occupied retail center sits at the heart of the Tupelo retail hub, Mississippi's 3rd most visited retail node and serves a broad trade area across the northern portion of the state.

JLL Capital Market's Investment and Sales Advisory team was led by Managing Director Brad Buchanan, Senior Managing Director Jim Hamilton and Analyst Anton Serafini.

JLL 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 investment sales and advisory, debt advisory, equity advisory or a recapitalization. The firm has more than 3,000 Capital Markets specialists worldwide with offices in nearly 50 countries.

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