Palomar Group Arranges $24.7 Million Sale of Shopping Center in Georgia

by Camren Skelton

Augusta, Ga. — The Palomar Group has arranged the $24.7 million sale of National Hills, a 159,855-square-foot shopping center in Augusta, located across from the Augusta National Golf Club.

The Fresh Market anchors the center, which was 94 percent occupied at the time of sale by tenants including Electrolux, Sprint, Sally Beauty Supply, Legend’s Club and Merle Norman. The Palomar Group arranged the transaction on behalf of the seller, a regional investor, and the buyer, an international REIT. 

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