Tag: Value-add
Value-add retail shopping center in coastal North Carolina sells to new owner for $12.75M
JLL Capital Markets led the sales efforts for the 59,516-square-foot New Bern Marketplace in New Bern, North Carolina CHARLOTTE – WEBWIRE – Thursday, December 22, 2022 JLLCapital Markets announced that it has completed the $12.75 million sale of New Bern Marketplace, a 59,516-square-foot, value-add shopping center located in New Bern, North Carolina. JLL marketed the asset on behalf of the seller, Columbia Development Group and Lubert Adler. Evans Best LLC acquired the asset and was represented by Meybohm Commercial. The 81-percent-occupied property is leased to HomeGoods, Rack Room Shoes, Bath & Body Works, Dominos, Wingstop, Sports Clips and more. The ... Read more