Avison Young Arranges $13M Sale of Mixed-Use Development in Downtown Augusta

by John Nelson

AUGUSTA, GA. — Avison Young has arranged the $13 million sale of Enterprise Mill, a 179,122-square-foot mixed-use development located on nine acres at 1450 Greene St. in downtown Augusta. The project features 118,928 square feet of office and retail space and 60 loft-style apartment residences. Enterprise Mill was approximately 90 percent occupied at the time of sale. AJ Belt III and David Duckworth of Avison Young represented the seller, Melaver/Enterprise Mill LLC, in the transaction. The buyer was Enterprise Mill LLC, a private investment group based in Coral Gables, Fla.

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