Savannah Mall was purchased by BCHM Investment Group LLC.
Acquisition Overview
Savannah Mall, a notable retail property, was acquired by a local investment group in a significant transaction that marked a new chapter for the mall's ownership.
The Purchaser: BCHM Investment Group LLC
The acquisition of Savannah Mall was completed by BCHM Investment Group LLC. This Savannah-based entity has demonstrated a clear interest in local commercial real estate. Notably, BCHM Investment Group LLC maintains affiliations with an e-cigarette distributor, adding an interesting dimension to its investment profile.
Key Transaction Details
- Buyer: BCHM Investment Group LLC
- Purchase Date: The acquisition was finalized on October 4, 2022.
- Purchase Price: The mall was bought for approximately $8.44 million.
- Buyer Affiliation: BCHM Investment Group LLC is associated with an e-cigarette distributor.
The details of the sale, including the buyer and the purchase price, were recorded and publicly disclosed around October 8, 2022, following the completion of the transaction.
