Atlanta, Georgia – Hendon Properties in a joint venture with Axiom Realty and Peaceable Street Capital announced the acquisition of The Shoppes at Parma, a 734,199 square foot, shopping center in Parma, Ohio a submarket of the Cleveland MSA.

The center is anchored by key tenants including Walmart Supercenter (179,982 sf), Burlington (45,079 sf), Dick’s Sporting Goods (50,000 sf), and Marc’s (48,688 sf). The transaction includes six outparcels with a variety of QSR and service-oriented concepts including, Crumbl Cookies, T-Mobile, Five Guys Burgers & Fries, and Panera Bread Company. Serving the community since 1956, The Shoppes at Parma (formerly Parmatown Mall) now garners 7.7m annual visits, ranking it in the top 1-2% nationally by foot traffic.

“Our acquisition of The Shoppes at Parma represents exactly the type of investment we seek-high quality retail centers anchored by best-in-class brands that serve essential community destinations,” says Lance Hagaman, Director of Acquisitions for Hendon Properties. “Centers like The Shoppes at Parma with dual grocery anchors (Marc’s and Walmart Supercenter) are rare and exceptionally well-positioned because they generate consistent customer traffic, support a healthy mix of complementary retailers, and demonstrate resilience across market cycles. We believe this asset offers a compelling combination of stability, growth potential, and long-term value”

“In addition to its outstanding anchor lineup, the property’s collection of outparcels further strengthens the asset by diversifying income streams and enhancing the overall customer experience”, says Charlie Hendon, Chief Executive Officer & President of Hendon Properties. “We’re excited to build upon the center’s historic foundation through proactive management, thoughtful leasing, and strategic capital improvements where appropriate.”

The Shoppes at Parma is the fifth asset acquired by The Hendon Properties Opportunity Fund with now over 1.3m sf in the portfolio. In February 2024, Hendon launched the Fund and successfully closed the year with three acquisitions: Plaza at Riverchase (197,840 sf) in Hoover, Alabama (Birmingham MSA) followed by East West Shops (85,565 sf) in Austell, Georgia and East Cobb Station (205,810 sf) in Marietta, Georgia (Atlanta MSA). In 2025, the Fund acquired Sandy Plains Village (174,175 sf) in Roswell, Georgia (Atlanta MSA).

Persons interested in learning more about leasing space should contact:

Evan Staley
Senior Director of Leasing
404.926.1533
evan@hendonproperties.com

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About Hendon Properties
Hendon Properties is a full-service development, brokerage and management organization with a specific focus on community and regional shopping centers as well as credit tenant build-to-suite developments. The Hendon team is actively involved in all aspects of retail real estate, including: site selection, project budgeting, due diligence, engineering, architecture, construction and leasing. In 2025, Hendon Properties celebrated its 40-year anniversary. For more information, visit hendonproperties.com.

About Axiom Realty
Axiom Realty is a retail real estate investment, development, and operating company specializing in grocery-anchored and necessity-based shopping centers throughout the eastern United States. The company combines institutional investment discipline with hands-on asset management, leasing, redevelopment, and operational expertise to maximize long-term value for investors and retail partners.  For more information, visit axiomrs1.com.

Charlie Hendon, CEO & President of Hendon Properties, was a guest speaker at the December 2025 Alternative Investments Forum in Tel Aviv, Israel where he presented on “U.S. Real Estate at a Glance, Core Sectors and the Evolving Retail Landscape”.  The exclusive event provided an opportunity to share experiences, exchange ideas, and foster international perspective.

Atlanta, Georgia (July 21, 2025)

We are elated to announce the acquisition of Sandy Plains Village, a highly frequented retail center spanning 174,175 square feet in the historic community of Roswell, Georgia!  Sandy Plains Village is anchored by key tenants including Painted Tree Boutiques (60,000 sf), Movie Tavern (11-screens), and Dollar Tree.  The transaction includes three outparcel restaurant concepts, Dunkin Donuts, Lucia’s Italian, and The Flippin’ Chicken, as well as Sandy Plains Village II, a neighboring 18,625 sf mixed-use strip complex.

“The timing of this acquisition is ideal as this node has been on the precipice of positive transition for some time”, says Lance Hagaman, Director of Acquisitions for Hendon Properties.  The immediate lease-up potential, spin-off scenarios, and future redevelopment plays attracted us to the opportunity.  We are excited to deploy our improvement initiatives and look forward to connecting with the surrounding community.”

For leasing opportunities, contact Evan Staley.

Property Website: http://hendonproperties.propertycapsule.com/properties/sandyplainsvillage

Sandy Plains Village is the fourth asset acquired by The Hendon Properties Opportunity Fund with now over 663,000 sf in the portfolio. In February 2024, Hendon launched the Fund and successfully closed the year with three acquisitions: Plaza at Riverchase (197,840 sf) in Hoover, Alabama (Birmingham MSA) followed by East West Shops (85,565 sf) in Austell, Georgia and East Cobb Station (205,810 sf) in Marietta, Georgia (Atlanta MSA).

We are thrilled to announce the acquisition of East West Shops, a premier retail center spanning 85,565 square feet in the vibrant community of Austell, Georgia!  This transaction underscores our commitment to expanding our portfolio with high-quality, strategically located properties.  East West Shops is anchored by key tenants including Onelife Fitness, Wellstar Health System, and a high volume Starbucks – three brands that drive substantial foot traffic and meet essential community needs.

For leasing opportunities, contact Evan Staley.

East West Shops is the second asset acquired by The Hendon Properties Opportunity Fund.  In February 2024, Hendon launched the Fund with the acquisition of Plaza at Riverchase a 197,840 square foot open air shopping center located in Hoover, Alabama (Birmingham MSA)

Atlanta, Georgia (April 27, 2021) – Hendon Properties today announced the acquisition of Brookhaven Station, a 44,821 square foot, shopping center in the Brookhaven-Chamblee trade area, a submarket of the Atlanta MSA.

“It’s an exciting time to do business in the city of Brookhaven”, says Jason Lazarus, Director of Acquisitions for Hendon Properties.  “Brookhaven Station is surrounded by explosive economic growth with numerous mixed-use, medical, and multifamily projects coming online in recent years and still more in the works.”

“We are confident the center will continue to perform well into the future given its location and strong demographics that support the area”, says Charlie Hendon, President and Chief Executive Officer for Hendon Properties.  The center is also located 5 minutes away from Hendon’s corporate office.

Brookhaven Station is located 2 miles north of the affluent Buckhead submarket across from the Brookhaven/Oglethorpe MARTA Train Station.  The center is home to a mix of national and regional tenants including The UPS Store, Wing Stop and Mellow Mushroom Pizza.  Recently signed Fox Bros. BBQ is scheduled to open in the first quarter of 2022.  Brookhaven Station is currently 96.8% leased.

This is the second project Hendon Properties has acquired along the iconic Peachtree corridor.  In July 2017, Hendon Properties purchased half an acre of land located at 5485 Peachtree Industrial Boulevard in Chamblee, Georgia and has since redeveloped the former Checkers Drive-In quick-serve restaurant building into 3 commercial retail suites totaling 4,225 square feet.  The center is currently 100% leased.

Persons interested in learning more about leasing space at Brookhaven Station should contact:

Evan Staley
Director of Leasing
404.926.1533
estaley@hendonproperties.com

About Hendon Properties

Hendon Properties is a full-service development, brokerage and management organization with a specific focus on community and regional shopping centers as well as credit tenant build-to-suite developments.  The Hendon team is actively involved in all aspects of retail real estate, including: site selection, project budgeting, due diligence, engineering, architecture, construction and leasing.  In 2020, Hendon Properties celebrated its 35-year anniversary.

Link to Official Press Release.

Property Website: http://hendonproperties.propertycapsule.com/properties/brookhavenstation#overview

Atlanta, Georgia (January 28, 2021) – Hendon Properties listed and successfully closed on sale of a Verizon outparcel in Dawsonville, Georgia.

Originally constructed in 2017, the single tenant building consists of 4,507 sf on 0.67 acres.  This parcel is part of the 2016 Dawson Marketplace development curated and built by Hendon Properties, which includes 500,000+ sf in big box retail, quick serve restaurants, and community services.

The property benefits from excellent traffic counts along Georgia Highway 400 with 31,005 vehicles per day.  Surrounding traffic generators include the North Georgia Premium Outlets, which welcomes 7 MM visitors per year.  Average income of $94,000 in trade area with an explosive submarket growth of 8.3% projected population growth.

Franklin Street Real Estate Services (Atlanta) sourced local private 1031 Exchange Buyer.

Atlanta, Georgia (January 15, 2021) – Hendon Properties listed and successfully closed on sale of a Starbucks & MOD Pizza outparcel in Dawsonville, Georgia.

Originally constructed in 2017, the dual tenant building consists of 5,436 sf on 1.27 acres.  This parcel is part of the 2016 Dawson Marketplace development curated and built by Hendon Properties, which includes 500,000+ sf in big box retail, quick serve restaurants, and community services.

The property benefits from excellent traffic counts along Georgia Highway 400 with 31,005 vehicles per day.  Surrounding traffic generators include the North Georgia Premium Outlets, which welcomes 7 MM visitors per year.  Average income of $94,000 in trade area with an explosive submarket growth of 8.3% projected population growth.

Franklin Street Real Estate Services (Atlanta) sourced local private 1031 Exchange Buyer.

Hendon Properties Completes Acquisition of Dominant Shopping Center in Gadsden, Alabama

Atlanta, Georgia (November 26, 2019) – Hendon Properties today announced the acquisition of Coosa Town Center, a 105,979 square foot, shopping center in the Gadsden trade area, an extension of the Birmingham MSA.

“This asset is exceptionally unique as there are no duplicate anchor tenant locations for more than 27 miles”, says Don Buggeln, Director of Acquisitions for Hendon Properties. “Post closing, our plan is to foster stability and sustain in-place occupancy through focused operational management.”

The center is currently 96% leased as of November 1, 2019 with first generation tenants accounting for 70% of occupied GLA.

Coosa Town Center is conveniently located steps away from the recreational Coosa River and is adjacent to historic Downtown Gadsden and its lively entertainment district.

The shopping center is anchored by top national retailers TJMaxx, Petco, Old Navy, and Burke’s Outlet. Shop tenants include Firehouse Subs, Sally Beauty Supply, GameStop and Sport Clips.

This is the first property Hendon Properties has acquired from CIM Real Estate Finance Trust of Phoenix, AZ.

Persons interested in learning more about leasing space should contact the following representatives:

Lance Hagaman
Anchor Leasing
404.926.1534
lance@hendonproperties.com

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About Hendon Properties
Hendon Properties is a full-service development, brokerage and management organization with a specific focus on community and regional shopping centers as well as credit tenant build-to-suit developments. The Hendon team is actively involved in all aspects of retail real estate, including: site selection, project budgeting, due diligence, engineering, architecture, construction and leasing. In 2019, Hendon Properties celebrates its 34-year anniversary.

Link to Official Press Release.

Property Website: hendonproperties.propertycapsule.com/properties/coosatowncenter

Atlanta, Georgia (July 18, 2019) – Hendon Properties, in partnership with Harbert United States Real Estate Fund VI, L.P. (“HUSREF VI”) announces its closing on the sale of Westport Village, a 169,515 square foot lifestyle shopping center in the Louisville trade area.  The center was purchased by Wicker Park Capital Management, LLC, a privately held real estate investment firm out of Savannah, GA.

“I am proud of what we’ve accomplished and the relationships we’ve built at Westport Village”, says Charlie Hendon, President of Hendon Properties.  Over the last 3 years, Hendon executed 13 new leases (56,000 square feet), which included a 24,000 square feet box and renewed 32 leases (102,000 square feet), which included the expansion of 3 tenants.  Through Hendon’s use of creative social media marketing and live cultural events, the center has become the town square of the local community.

Westport Village is a destination retail center located near the intersection of Westport Road and Herr Lane, one-half mile east of Interstate 264.

Hendon Properties purchased Westport Village in May 2016.  The project is the second joint venture between Hendon Properties and the Harbert Management Corporation.

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About Hendon Properties

Hendon Properties is a full-service development, brokerage and management organization with a specific focus on community and regional shopping centers as well as credit tenant build-to-suit developments.  The Hendon team is actively involved in all aspects of retail real estate, including: site selection, project budgeting, due diligence, engineering, architecture, construction and leasing.  In 2019, Hendon Properties celebrates its 34-year anniversary.

About Harbert Management Corporation

HUSREF VI is sponsored by Harbert Management Corporation (“HMC”).  HMC, together with its sponsored funds, has owned, developed and managed multi-family, office, industrial, retail and self-storage properties throughout the United States.  HMC has a history of identifying real estate investment opportunities through its network of long-term, strategic relationships.  HUSREF VI’s approach is hands-on, targeting properties that the HUSREF VI Investment Team believes are undervalued, and where value can be created through focused operational management.  Additional information about HMC can be found at harbert.net.

Link to Official Press Release

Atlanta, Georgia (July 16, 2019) – Hendon Properties today announced the acquisition of The Forum at Grandview, a 216,144 square foot, shopping center in the Madison trade area, a submarket of the Jackson MSA.

“We are excited to start doing business in the City of Madison; our company’s first venture in Mississippi,” says Charlie Hendon, President of Hendon Properties.  “Post closing, our plan is to foster stability and sustain in-place occupancy through focused operational management.”

The deal also includes eight (8) acres of undeveloped frontage along Grandview Boulevard, which Hendon sees as a creative opportunity and potential upside.  The center is currently 100% leased as of July 1, 2019.

The Forum at Grandview is highly visible to Interstate 55 (Exit 108) and is anchored by top national retailers Best Buy, Home Goods, Michaels, Petco, ULTA, and Dick’s Sporting Goods.  The center is also adjacent to Malco Grandview Theater and Miskelly Furniture.

This is the second acquisition between Hendon Properties and CBL Properties.  In 2013, Hendon Properties purchased 3 regional shopping centers and 3 related associated centers in a portfolio transaction.  Included in the portfolio were Georgia Square Mall and Georgia Square Theater in Athens, GA; Panama City Mall and The Shoppes at Panama City Mall in Panama City, FL; and RiverGate Mall and Village at RiverGate in Nashville, TN.

Persons interested in learning more about leasing space should contact the following representatives:

Lance Hagaman
Anchor Leasing
404.926.1534
lhagaman@hendonproperties.com

Janet Duke
Small Shops Leasing
615.944.3118
jduke@hendonproperties.com

Steve Spiegel
Development
404.926.1527
sspeigel@hendonproperties.com

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About Hendon Properties

Hendon Properties is a full-service development, brokerage and management organization with a specific focus on community and regional shopping centers as well as credit tenant build-to-suite developments.  The Hendon team is actively involved in all aspects of retail real estate, including: site selection, project budgeting, due diligence, engineering, architecture, construction and leasing.  In 2019, Hendon Properties celebrates its 34-year anniversary.

Link to Official Press Release