SRS' Southeast investment sales team brokered the sale of the 940,408-square-foot regional mall. Located in 14045 Abercorn Street in Savannah, GA, Bass Pro Shops, Target, Dillard's, Burlington Coat Factory and Virginia College anchor the mall. The Savannah Mall sits at the northwest corner of Abercorn Street and Apache Avenue on 75.53 acres of land.

“This was an excellent opportunity to own an irreplaceable piece of real estate in Savannah along the Abercorn retail corridor,” says Kyle Stones, senior vice president for SRS' Southeast investment sales team. “The buyer has the ability and experience to come in and take advantage of an excellent opportunity to add long-term value to Savannah Mall by continuing to build upon the momentum established by the previous owners.”

Stones and Pierce Mayson, vice president in the SRS Atlanta office, represented the seller, SSF Savannah Properties, in the transaction. The buyer, to Savannah Mall Realty Holding, was self-represented.