A shopping mall that sold for $14.6 million tops the list of the most expensive commercial real estate sales in Atlanta during the past week.
In total, 15 commercial property sales were recorded in the area over the past week, with an average price of $3.1 million. The average price per square foot was $370.
The prices in the list below include commercial real estate sales where the title was recorded during the week of April 20 even if the property sold earlier.
1. $14.6 million, shopping mall at 2564 Shallowford Road NE
A 46,480-square-foot regional shopping mall with anchor tenants at 2564 Shallowford Road NE in Atlanta has been sold.
The total purchase price was $14,600,000, $314 per square foot. The shopping center dates to 2002. Shallowford Village LLC acquired the shopping mall. The deal was closed on March 2.
2. $11 million, commercial land at 244 14th Street NE
The vacant commercial lot at 244 14th Street NE in Atlanta has been sold.
The total purchase price was $11,000,000. The building was raised in 1950. KT West Park LLC took over the commercial land. The transaction was completed on March 9.
3. $5.5 million, shopping mall at 5938 Buford Highway NE
The regional shopping mall with anchor tenants at 5938 Buford Highway NE in Atlanta has new owners.
The price was $5,500,000. The shopping center was constructed in 2008 and has an area of 36,818 square feet. The price per square foot ended up at $149. Santa FE Plaza LLC bought the shopping mall. The deal was finalized on March 17.
4. $4.29 million, commercial land at 1263 Custer Avenue
The sale of the vacant commercial lot at 1263 Custer Avenue in Atlanta has been finalized.
The price was $4,291,187. The area of the building totals 16,000 square feet. The price per square foot ended up at $268. Mckinley Homes US LLC took over the commercial land. The transaction was completed on March 5.
5. $2.42 million, commercial property at 769 Hammond Drive
A sale has been finalized for the commercial property at 769 Hammond Drive in Atlanta.
The price was $2.42 million. The building was constructed in 1995 and the area totals 70,072 square feet. The price per square foot ended up at $34. SNSK Perimeter LLC acquired the property. The deal was closed on March 6.
6. $1.6 million, commercial land at 2356 Bolton Road NW
The sale of the vacant commercial lot at 2356 Bolton Road NW in Atlanta has been finalized.
The price was $1,600,000. The building was raised in 1940 and has an area of 2,500 square feet. The price per square foot ended up at $640. Forevermore Realty Group LLC bought the commercial land. The deal was finalized on March 10.
7. $1.5 million, retail store at 1084 Piedmont Avenue NE
A 1,372-square-foot retail store or personal services shop at 1084 Piedmont Avenue NE in Atlanta has been sold.
The total purchase price was $1,500,000, $1,093 per square foot. The building dates to 1948. Perlis Investments LLC bought the retail store. The deal was closed on March 10.
8. $1.5 million, retail store at 1094 Piedmont Avenue NE
A 2,400-square-foot retail store or personal services shop at 1094 Piedmont Avenue NE in Atlanta has been sold.
The total purchase price was $1,500,000, $625 per square foot. The building was constructed in 1900. Perlis Investments LLC acquired the retail store. The deal was finalized on March 10.
9. $1.4 million, office building at 1445 Cleveland Avenue
The office property at 1445 Cleveland Avenue in Atlanta has new owners.
The price was $1,401,048. The building dates to 1989 and has an area of 15,120 square feet. The price per square foot ended up at $93. Renasant Bank took over the office building. The transaction was completed on March 6.
10. $1.08 million, financial building at 5695 Fulton Industrial Boulevard SW
A sale has been finalized for the financial services property or bank building at 5695 Fulton Industrial Boulevard SW in Atlanta.
The price was $1.08 million. The building was raised in 1989 and the area totals 3,272 square feet. The price per square foot ended up at $329. Vancor Fulton IND LLC took over the financial building. The deal was closed on March 11.