Saturday December 3rd, 2022 4:36PM

Atlanta company purchases Lakeshore Mall for $15M

By Rob Moore Reporter

Lakeshore Mall in Gainesville has new owners.

Branch Lakeshore Associates LP purchased the circa-1970 facility on Oct. 27 for $15 million, Hall County records show.

Prior to the sale, the mall had been owned by Stockbridge Lakeshore LLC of Warren, MI.

Lakeshore Mall opened in 1970 as Lakeshore Plaza and was anchored by JCPenney and Rose’s. Belk-Gallant opened a few years later, becoming a third anchor.

Over the years following expansions the mall grew to 491,000 square feet and has seen the closure of anchor stores Sears and JCPenney.

Those closures left Dick’s Sporting Goods, two Belk stores, and Books-A-Million as the current anchor stores, with the former Sears and JCPenney stores vacant.

  • Associated Categories: Homepage, Business News, Local/State News
  • Associated Tags: gainesville, hall county, Lakeshore Mall
© Copyright 2022
All rights reserved. This material may not be published, broadcast, rewritten, or redistributed without permission.
Atlanta company purchases Lakeshore Mall for $15M
Lakeshore Mall in Gainesville has new owners.
2:25PM ( 11 minutes ago )
Chief: Fire that destroyed landmark Hartwell restaurant was electrical
The overnight fire that destroyed WillaDean’s Tavern in Hartwell recently has been ruled accidental.
4:05PM ( 2 days ago )
Hodie Meats opening Alto further processing facility
A section of the former Mount Vernon Mills in Alto will become a further processing facility for Hodie Meats Inc. now that it has received Banks County Commission approval.
9:17PM ( 3 weeks ago )
Business News
Georgia high court reinstates ban on abortions after 6 weeks
The Georgia Supreme Court has reinstated the state’s ban on abortions after roughly six weeks of pregnancy
2:22PM ( 13 minutes ago )
Former DJJ Counselor arrested for 'inappropriate behavior' with a minor
A former counselor with the Georgia Department of Juvenile Justice was arrested in Hall County on Tuesday for allegedly engaging in "inappropriate behavior" with a minor.
1:40PM ( 56 minutes ago )
Hall County firefighters quickly extinguish Wednesday home fire
No one was hurt Wednesday morning in a Hall County house fire.
12:20PM ( 2 hours ago )
Local/State News
'Trying to get back up'; Gainesville’s homeless fight the cold
As temperatures drop, Gainesville’s homeless population wrap up to fight against the cold.
6:00AM ( 8 hours ago )
LISTEN: Martha Randolph talks community Thanksgiving meal in Gainesville
Randolph joined WDUN's "The Martha Zoller Show" Monday.
By The Martha Zoller Show
9:30AM ( 2 days ago )
Hall County invites public to ribbon cutting for Tadmore Park
The Hall County Government is inviting the public to attend a ribbon cutting to celebrate the reopening of Tadmore Park located on Tadmore Park Drive off of Gillsville Highway at 4 p.m. on Thursday, Dec. 1.t
6:00AM ( 4 days ago )
Gainesville to host annual Jingle Mingle
The City of Gainesville‘s beloved Jingle Mingle is making its annual return to spread holiday cheer just in time for the 2022 holiday season.
2:15PM ( 5 days ago )
Herschel Walker rallies in Gainesville ahead of runoff election
Republican Senate candidate Herschel Walker stopped in Gainesville Thursday night with South Carolina Sen. Lindsey Graham and spoke with voters on key issues.
11:15AM ( 5 days ago )