The Village at Lee Branch II sells for $32M

NORTH SHELBY – The Village at Lee Branch II has sold to Hackney Real Estate Partners for more than $32 million after a foreclosure process was enacted due to a loan from the previous developers. The popular shopping center has become a hub for the communities of North Shelby and more all over the county.

“We are excited to announce Hackney Real Estate’s acquisition of The Village at Lee Branch,” read an official Facebook post by Hackney Real Estate Partners. “The Village at Lee Branch offers a strong mix of national and local retailers, restaurants, fitness and service-oriented tenants in a highly desirable Birmingham location.”

According to public records, RCC Village at Lee Branch LLC, based in Richmond, Virginia, bought the property on Oct. 6 through Cygnus Ham LLC, an Atlanta, Georgia-based company, for the amount of $32,525,000…

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