LAWRENCEVILLE, GA – Baltimore, MD-based Continental Realty Corp. has acquired a 330,000-square-foot, open-air shopping center in Lawrenceville, GA for $97 million from the New York-based real estate investment firm Olshan Properties.
Located at 1250 Scenic Highway South in the Atlanta suburb, The Shoppes at Webb Gin features 70 units of retail and office space across eight individual buildings. The 89%-leased mixed-use center is anchored by Barnes & Noble, DSW and Sprouts grocery store, and additionally tenanted by H&M, LensCrafters, Kirkland's, Victoria's Secret, American Eagle, LOFT, Sephora and more.
The property draws more than 3.6 million visitors annually and it ranks in the nation's top 93% of shopping centers. Built in 2006, the center is situated along Webb Gin Rd. and is located 35 miles northeast of downtown Atlanta.
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Ingrid Tunberg
Ingrid Tunberg sits on the editorial team as a coordinator and reporter for Real Estate Forum and GlobeSt.com. She is responsible for writing stories, assisting with industry awards and marketing nomination events. Previously, Ingrid worked as a copywriter across various industries throughout New York City and Chicago.
