Marcus & Millichap : Brokers $4.4 Million Sale of Dahlonega's Goldmine Village
March 28, 2024 at 12:03 pm EDT
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Marcus & Millichap Brokers $4.4 Million Sale of Dahlonega's Goldmine Village
March 27, 2024
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DAHLONEGA, Ga., Mar. 27, 2024 - Marcus & Millichap (NYSE: MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced today the sale of Goldmine Village in Dahlonega, Georgia, for $4.4 million.
"This is a great long-term investment for our client," says Eric Abbott, senior associate. "Dahlonega is a unique market in that it is directly in North Atlanta's path of growth, but it's tough to find inventory due to the limited retail space and barriers to entry posed by the topography."
Abbott and Zach Taylor, investment specialists in Marcus & Millichap's Atlanta office, represented the buyer, AGW Goldmine LLC, in this off-market transaction.
The 28,000-square-foot retail center is located at 340-400 Walmart Way, just one mile from the University of North Georgia and positioned in Dahlonega, North Georgia's No. 1 destination. Travelers from around the country venture to Dahlonega to enjoy the breathtaking views of the Blue Ridge Mountains, its eight unique wineries, and a vibrant arts and culinary culture. As one of Dahlonega's top retail destinations, Goldmine Village is anchored by Walmart and is 100% occupied with a mix of 15 national and local establishments.
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About Marcus & Millichap, Inc. (NYSE: MMI)
Marcus & Millichap, Inc. is a leading brokerage firm specializing in commercial real estate investment sales, financing, research and advisory services with offices throughout the United States and Canada. As of December 31, 2023, the company had 1,783 investment sales and financing professionals in over 80 offices who provide investment brokerage and financing services to sellers and buyers of commercial real estate. The company also offers market research, consulting and advisory services to clients. Marcus & Millichap closed 7,546 transactions in 2023, with a sales volume of approximately $43.6 billion. For additional information, please visit www.MarcusMillichap.com.
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27 March 2024 and is solely responsible for the information contained therein. Distributed by
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Marcus & Millichap, Inc. is a brokerage company. The Company is specialized in commercial real estate investment sales, financing services, research, and advisory services. The Company also offers market research, consulting, and advisory services to its clients. The Company offers services to its clients by underwriting, marketing, selling, and financing commercial real estate properties in a manner that maximizes value for sellers, provides buyers with a diverse inventory of commercial properties, and secures competitive financing from lenders for borrowers. The Company divides its commercial real estate into four market segments: properties, private client market, middle market, and larger transaction market. The Company serves clients with one property, multiple properties, and large investment portfolios. The Companyâs investment brokerage and financing professionals serve private clients within the private client market segment.