JLL Capital Markets closed the sale of the 454,843-square-foot Eastgate Shopping Center in Memphis, Tennessee
News release
03 January 2023
Sale of grocery-anchored retail center in Memphis closes
About JLL
JLL (NYSE: JLL) is a leading professional services firm that specializes in real estate and investment management. JLL shapes the future of real estate for a better world by using the most advanced technology to create rewarding opportunities, amazing spaces and sustainable real estate solutions for our clients, our people and our communities. JLL is a Fortune 500 company with annual revenue of $19.4 billion, operations in over 80 countries and a global workforce of more than 102,000 as of September 30, 2022. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit jll.com.
About Arrow Retail
Arrow Retail is an experienced commercial real estate investment firm headquartered in Dallas, Texas specializing in large scale mixed-use properties located throughout the United States. Arrow works with users of real estate and institutional investment capital to target strategic growth areas and create value through a disciplined approach to development, leasing, financing, asset management, investor relations and marketing.
With a track record of managing over $3.5 billion dollars of investments in commercial real estate around the country, Arrow’s team of professionals navigates the changing real estate landscape by targeting key opportunities to provide innovative investment strategies. Arrow Retail focuses on complex real estate investments that require a strong background in community integration, entitlements and underlying real estate agreements necessary to integrate multiple users and requirements throughout large projects.