Avison Young’s Atlanta office has arranged the $6.775 million sale of The Mall at Waycross, a 380,982-square-foot regional mall located on Memorial Drive in Waycross, GA. Theresa Johnson of Avison Young represented the seller, Torchlight Investors, in the transaction. The buyer was RCG.

Built in 1973, The Mall at Waycross was 90.6 percent leased at the time of sale. Tenants include JCPenney, Belk, T.J. Maxx, Hibbett Sports, Staples, Georgia Theatre Co. and many other retailers. The single-story regional mall, located within Ware County is the only anchored shopping mall within a 50 mile radius of Waycross and serves an underserved retail trade area. The shopping center is located on its own 36.98 acre parcel situated between Brunswick Highway and Jacksonville Highway, minutes from downtown Waycross.

Established in 2010 by Steve Dils, principal and managing director, the Avison Young Atlanta team is supported by a full-service office that includes sales, marketing, leasing, property management and research teams. The firm currently manages more than 18 million square feet of property across the Atlanta region.

Avison Young is the world’s fastest-growing commercial real estate services firm. Headquartered in Toronto, Canada, the global firm is owned and operated by its principals. Founded in 1978, the company comprises 2,000 real estate professionals in 71 offices, providing value-added, client-centric investment sales, leasing, advisory, management, financing and mortgage placement services to owners and occupiers of office, retail, industrial and multi-family properties.