Lennar, Sterling Acquire North Dekalb Mall in Metro Atlanta

Decatur, Ga. – The developers plan to convent the enclosed portion of the mall into an open-air concept.

Decatur, Ga. – Lennar Commercial Investors LLC and Sterling Organization have acuired North DeKalb Mall, a 622,297-square-foot shopping mall in the northeast Atlanta suburb of Decatur. Lennar and Sterling, along with developer Hendon Properties, plan to convert the enclosed portion of the mall into an open-air concept. Sterling will manage North DeKalb Mall. The current tenants of North DeKalb Mall include AMC Theatres, Burlington Coat Factory, Macy’s, Marshalls and Ross Dress for Less.

— John Nelson