23,330-SQUARE-FOOT RETAIL CENTER SELL FOR $1.6 MILLION IN GEORGIA

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DULUTH, GA. — Crown Realty Advisors has negotiated the sale of The Boulevard at Breckenridge in Duluth. A local investor acquired the bank-owned retail center for $1.6 million. The 23,330-square-foot property offers ground-floor retail space and retail/office space on the second floor. The property, which was part of an Ameris bank portfolio, is part of a FDIC bank portfolio under a loss share agreement. Crown Realty Advisors, who manages the Ameris bank portfolio, financed the transaction.

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