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Saglo Development entered the Atlanta and Orlando markets and will continue to acquire additional retail properties in those markets!

Saglo Development just acquired shopping centers in Orlando, Florida and Stockbridge (Atlanta), Georgia and as a result brings its portfolio of properties to 1.65 million sq. ft. owned.  Saglo is finally in both markets and plans is to continue to acquire more assets in 2019 and beyond.

 

Goldenrod Marketplace,

Located at 5833-6065 S. Goldenrod Road, Orlando, FL  32822, is a 124,635 square foot Walmart Shadow anchored retail property located near both Lake Nona and the Orlando International Airport.  Its anchors are Marshalls, L.A. Fitness and Dollar Tree.  While the property is currently 100% leased, there is anticipated turn-over that will allow us to strengthen the tenant mix.  With a foothold in Orlando, Saglo plans to purchase another 3 to 4 properties in this trade area over the next 3 to 4 years.

  • Aniley Perez will be leasing this property.
  • Up to 5,000 square feet potentially coming available in 2019.
  • High traffic property surrounded by a dense population of residents many with Latin heritage.
  • Continued growth in the immediate area due to tremendous job creation in nearby Lake Nona.
  • Tourist traffic from customers traveling through Orlando International Airport.
  • Virgin / Brightline train station will be located nearby.

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May’s Crossing

Located at  31 GA Highway 138, Stockbridge, GA  30281, May’s Crossing is a 138,241 square foot retail property.  As a result of being located across from the region’s Walmart Super Center, this intersection has become a retail nod.  DD’s Discounts, Dollar Tree, and Big Lots anchor the property.  Due to easy access to I-75 and I-675 as well as major employment centers such as Atlanta-Hartsfield International Airport and Downtown, the Stockbridge continues to grow from residents valuing an easy commute to work.  The property is 97% leased with vacancy starting at 1,200 sq ft.  This is Saglo’s first venture outside of Florida!  We plan to purchase another 3 to 4 properties in Greater Atlanta and the surrounding areas over the next 3 to 4 years.

  • Michele Hanash will be leasing this property.
  • From 1,200 square feet available immediately including a “take-out” restaurant facility.
  • Strong logistics to high density employment generators as well as the busiest airport in the United States.
  • The only retail properties in the trade area that offers street-grade visibility as well as full accessibility to both major roadways.

 

 

Hue Chen, President

Saglo Development

Shopping Center Owners, Operators & Experts

290 NW 165th Street, PH-2 | Miami, FL  33169

View our portfolio of Properties

 

Affiliated with Saglo Realty, LLC, licensed real estate broker.

About Chen Hue

Hue Chen is the Vice President of Acquisitions for Saglo Development Corporation and is responsible for increasing Saglo’s portfolio of properties. After graduating from the University of Florida in 1999, with a major in Finance, Hue started his career in commercial real estate as a retail leasing associate. He quickly became a top producing leasing agent while working with some of the most prominent owner-developers in south Florida. Throughout his career, he has executed over 250 leases and increased the value of over 40 different shopping center, ground-up and mixed use developments in south Florida and Southwest Florida. Hue attributes his success to a thorough understanding of the major retail markets of Florida, strong relationships with brokers and retailers, and his ability to structure leases that best fit the goals of each investment. In 2012, Hue joined Saglo and brought with him strong proficiencies in finance, mathematics, and ARGUS as well as a real world understanding of retail shopping center leasing and value creation.

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