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Last Updated ( Friday, 04 April 2014 16:07 )
DATE_FORMAT_LC2=Friday,April 04 2014 12:00:00 am EDT   
Los Angeles’ Vintage Real Estate Buys Atlanta’s Southlake Mall

Southlake MallSouthlake MallMorrow, Ga. – Vintage Real Estate of Los Angeles has acquired Southlake Mall in Morrow, a suburb located 14 miles south of downtown Atlanta. The 1 million-square-foot mall is 90 percent occupied and is anchored by Macy's, Sears and the Morrow Center. It has annual sales of more than $100 million. Vintage will redevelop the 100-acre mall by bringing in new tenants and upgrading the common areas. General Growth Properties bought the mall in 1997 and renovated it in 1999; in 2007, it placed $100 million of debt on the property. The mall was foreclosed on in February 2013.

Scott Reid

 

 

 

 

 

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