SNELLVILLE, GA-Cousins Properties Inc. has sold The Avenue Webb Gin, a 351,000-square-foot retail center in Snellville, for an undisclosed amount. Birmingham, Alabama-based Bayer Properties LLC formed a joint venture partnership with institutional investors managed by J.P. Morgan Asset Management to purchase the shopping center.
Current tenants in the shopping center include Barnes & Noble, Chico's, DSW Shoes, Francesca's Collections, Romano's Macaroni Grill, White House|Black Market and Ted's Montana Grill. Eastdil Secured negotiated the deal on behalf of Cousins Properties. For the full story, go to Atlanta Business Chronicle .
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