CUMMING, GA—The Brannon Crossing Shopping Center here has changed hands in a deal valued at $15 million.
The 60,780-square-foot shopping center was sold by Brannon Crossing, LLC to an undisclosed buyer. Brokerage firm Avison Young, which represented the seller in the transaction, reported the sale. Avison Young's Fort Lauderdale-based principals AJ Belt III and Brian Mark, and David Duckworth, vice president of investment sales, completed the Brannon Crossing transaction on behalf of the seller.
Built in 2007, Brannon Crossing is situated at the signalized intersection of Peachtree Parkway (SR 141), the dominant thoroughfare through Forsyth County, which travels south through the heart of Atlanta and Ronald Reagan Boulevard. Key tenants include a sit-in/drive-through Starbucks and a T-Mobile store.
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