Premier retail power center trades for $82.255 Million in Georgia
United States, July 21 -- JLL?Capital Markets announced that it has arranged the $82.255 million sale of Georgia Crossing, a 317,301-square-foot premier retail shopping center located in Buford, Georgia.JLL represented the seller, Washington Prime Group. The buyer was Invesco Real Estate.Georgia Crossing is strategically positioned across from the Mall of Georgia in the most visited retail corridor in Georgia with over 21 million annual visits. The property benefits from exceptional visibility with frontage along Buford Drive and Woodward Crossing Boulevard, which see 97,400 and 40,036 vehicles per day, respectively, attracting over 5.2 million annual visits. Georgia Crossing is surrounded by a highly affluent customer base, with average ho...
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