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Atlanta & Southeast  + Retail  |  April 18, 2021
David Cohen
By: David Cohen

Atlanta’s Gwinnett Place Mall Trades for $23M

Colliers has arranged the $23 million sale of Atlanta’s Gwinnett Place Mall, a 563,367-square-foot retail property situated on 39 acres in the Pleasant Hill Corridor of Duluth, GA.

The mall was built in 1983 as part of a joint venture between Scott Hudgins and Cadillac/Fairview. The Gwinnett Place Mall has four anchor tenants that own their own storefronts.

Joe Montgomery and Scott Israel of Colliers represented the seller, Las Vegas-based Moonbeam Capital Investments, in the transaction. The buyer was the Urban Redevelopment Agency of Gwinnett County. The County’s redevelopment plans have not yet been announced.

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About David Cohen

David Cohen is Southeast Editorial Director at Connect Commercial Real Estate. David is a media veteran with more than 10 years of experience in journalism, copywriting and communications across a variety of roles. He is responsible for covering commercial real estate news and trends in the Southeast, Florida, Washington D.C. and Boston at Connect CRE as well as specializing in the Student Housing sector. Prior to joining Connect, David was the editor of Northeast Real Estate Business magazine and Student Housing Business magazine at France Media as well as spending time freelancing for ESPN and the Associated Press in the fast-paced field of live sports event production. He is also an owner and investor in multifamily real estate in Atlanta, GA. David currently resides in Atlanta and graduated from the College of Communication & Information at the University of Tennessee Knoxville.
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