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.
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.
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