Colliers Brokers sells shopping center in Hiram, Georgia for $8.3 million-REBusinessOnline

2021-11-24 03:22:15 By : Ms. Julie Zhu

Paulding Pavilion was built in 1996 and refurbished in 2004. When it was sold, it was fully leased to tenants including Bargain Hunt, Big Air Trampoline Park and America's Best Contacts & Eyeglasses.

Hiram, Georgia. — Colliers International's Southeast Retail Investment Sales team in Atlanta facilitated the sale of Paulding Pavilion, a 78,346 square foot shopping mall in Hiram. A private investor acquired the property from The Ardent Cos. for $8.3 million. Colliers' Scott Israel and Joe Montgomery represented the sellers in this transaction.

Paulding Pavilion was built in 1996 and refurbished in 2004. When it was sold, it was fully leased to tenants including Bargain Hunt, Big Air Trampoline Park and America's Best Contacts & Eyeglasses. The Paulding Pavilion covers more than 8.5 acres, and nearby retailers include Hiram Bottle Shop, Hobby Lobby, Planet Fitness, Burger King, Jersey Mike's Subs, Chick-fil-A and Johnny's New York Style Pizza. The property is located at 4471 Jimmy Lee Smith Parkway, approximately 26 miles northwest of downtown Atlanta.