JLL arranges $13.4M sale of Publix-anchored Mulberry Village in Atlanta metro

ATLANTA, Jan. 21, 2026 –  JLL Capital Markets announced today the $13.4 million sale of Mulberry Village, a 75,200-square-foot Publix-anchored shopping center located at 831 Auburn Rd. in Mulberry, Georgia, within the Atlanta metropolitan area.

JLL represented the seller, Watkins Real Estate Group, in the transaction. Essential Growth Properties acquired the property.

Built in 2008, Mulberry Village encompasses 17.1 acres and is anchored by Publix. The shopping center maintains strong performance with 94% occupancy across a well-balanced tenant mix of restaurants, personal services and healthcare providers. The property includes four undeveloped outparcels that present additional densification opportunities for future ownership to enhance value and maximize the site's potential.

The shopping center benefits from its strategic location at the intersection of Auburn Road and Fence Road (which see over 32,000 vehicles-per-day combined) along with two points of ingress and egress. The surrounding trade area features exceptionally strong demographics with average household incomes exceeding $135,000 within three miles and rapid residential growth including more than 2,500 homes currently under construction or recently delivered nearby.

The JLL Capital Markets team representing the seller included Senior Managing Director Jim Hamilton, Managing Director Brad Buchanan, Vice President Andrew Michols and Analyst Charlie Merrigan.

JLL Capital Markets is a full-service global provider of capital solutions for real estate investors and occupiers. The group’s in-depth local market and global investor knowledge delivers the best-in-class solutions for clients, including investment sales and advisory, debt advisory, M&A and corporate finance, loan sales, equity & fund placement, net lease, derivative advisory and energy & infrastructure advisory. JLL Capital Markets has more than 3,000 specialists worldwide with offices in nearly 50 countries.

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For over 200 years, JLL (NYSE: JLL), a leading global commercial real estate and investment management company, has helped clients buy, build, occupy, manage and invest in a variety of commercial, industrial, hotel, residential and retail properties. A Fortune 500^® company with annual revenue of $23.4 billion and operations in over 80 countries around the world, our more than 113,000 employees bring the power of a global platform combined with local expertise. Driven by our purpose to shape the future of real estate for a better world, we help our clients, people and communities SEE A BRIGHTER WAY^SM. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit jll.com. 

Established in 1977, Watkins Real Estate Group is a full-service development and management firm focused on retail, multifamily, and mixed-use properties throughout the Southeast.

Essential Growth Properties is a private equity real estate investment company headquartered in Cincinnati, OH and dedicated towards building, operating, and creating value through the ownership of a nationwide portfolio of essential-based, grocery anchored shopping centers.