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Morrow, Ga. — Marcus & Millichap has negotiated the $5.5 million sale of the Pavilion at Southlake, a 65,267-square-foot retail center located in the Atlanta suburb of Morrow. Situated at 1331-1389 Mt. Zion Rd., the property sits directly across from Southlake Mall and adjacent from a $117 million convocation center currently under development. The center — which comprises 13 buildings — was 92 percent leased at the time of sale. Tenants include Humana, H&R Block, LensCrafters and Bank of America.
Eric Abbott and Zach Taylor of Marcus & Millichap’s Atlanta office represented the buyer, a private group of high-net-worth doctors, in the transaction. Jeff Enck of Mathews Real Estate represented the seller.