ATLANTA—It seems Publix-anchored shopping centers are trading as fast as they hit the market. If Publix itself is not snapping them up, there are plenty of buyers willing to get in on the grocer-anchored action.

The Village at Millers Chapel and Trowbridge Crossing, two Publix-anchored retail properties totaling approximately 137,000 square feet in Atlanta, are the latest to trade hands. BIG Shopping Centers purchased both assets for $25.75 million in a joint venture structure with the seller.  

HFF represented the seller, Columbia Properties. HFF directors Richard Reid and Jim Hamilton led the charge.

“Trowbridge Crossing and the Village at Millers Chapel drew significant interest from the investment community due to the Publix anchor's long-term leases, strong performance, excellent credit, and strategic Atlanta locations,” Reid tells GlobeSt.com. Both shopping centers boast high occupancy rates.

The Village at Millers Chapel sits on 9.77 acres at 2159 GA Highway 20 in Conyers, southeast of Downtown Atlanta. Completed in 2012, the retail property has 74,600 square feet that is 98% leased to tenants including Publix and Kauffman Tire.

Trowbridge Crossing is located on a 7.7-acre site at 7507 Roswell Road in the North Atlanta suburb of Sandy Springs, GA. The property was renovated in 2013 and is 96.4% leased to tenants including Publix and the US Post Office .

HFF also arranged fixed-rate acquisition financing through Lincoln Financial Group for The Village at Millers Chapel. BIG assumed the existing life company loan on Trowbridge Crossing.