Prudent Growth Buys $5.5 Million Shopping Center in "Red Hot" Garner, NC

CHAPEL HILL, N.C. (PRWEB) OCTOBER 02, 2018 Prudent Growth Partners, LLC, a Chapel Hill, NC based private equity real estate firm, has completed a $5.5 million transaction to purchase the 57,000 shopping center knows as The Shops at Garner Plaza in Garner, NC. The shopping center has several popular local tenants, including Family Dollar, NY Bride and Groom, and Carriage House Cleaners. It is located at 537 Plaza Circle, at the Benson Road exit of I-70 Business. "We started looking closely at the Garner market - and the southeastern side of Raleigh in general - several months ago,” said Tom Hahn, President of PGP. "This property really made sense to us from a long-term growth standpoint, and

Chapel Hill firm buys North Hills office portfolio for $12.2M

By Ben Graham – Staff Writer, Triangle Business Journal Oct 1, 2018, 7:46am A growing, Chapel Hill-based real estate investment firm has closed on an office building portfolio in Raleigh’s North Hills neighborhood, just inside the I-440 Beltline. Prudent Growth Partners bought four buildings on Barrett and Haworth drives for $12.2 million, adding 103,000 square feet of office space to its portfolio. “To own several buildings like this inside the Beltline — all with rents that are very modest relative to most other buildings being built in North Hills — we think it is a great long-term hold,” Prudent Growth Partners President Tom Hahn writes in an email. “Our immediate plans are simply to co

Featured Posts
Archive
Search By Tags
    Prudent Growth Partners, LLC  (2017)    1829 E. Franklin St, Suite 800-F, Chapel Hill, NC 27514  (919) 590-4119