TWO SHOPPING CENTERS SOLD IN NORTH CAROLINA

by admin

DURHAM AND RALEIGH, N.C. — Berkeley Capital Advisors of Charlotte, N.C., have arranged two shopping center sales between private parties. The 134,295-square-foot Durham Festival Shopping Center has been sold for an undisclosed amount. Located at the corner of Hillsborough Road and North LaSalle Street in Durham, the Kroger-anchored property is 94 percent leased. The Lynnwood Collection shopping center, located at the intersection of Creedmoor and Lynn roads in Raleigh, has also been sold for an undisclosed amount. The 86,662-square-foot property is anchored by Kroger and is 95 percent leased. Rob Carter, David Webb and Alex Quarrier of Berkeley Capital arranged both transactions.

You may also like