ATLANTA (August 21, 2017) – SRS’ Investment Properties Group (IPG) exclusively marketed and brokered the sale of Union Town Centre in Indian Trail, N.C…..View Article Located at 5850 Highway 74 West, the center consists of 102,360 square feet situated on 15 acres of land, and is anchored by Food Lion and Dollar Tree. The seller, Equity Investment Group, sold the property for $11,225,000 on August 11, 2017 to Katz Properties LLC.
The IPG executed a high-exposure marketing strategy for Union Town Centre, touching each and every active grocery-anchored retail buyer in the investment community, resulting in multiple offers on the asset. “Union Town Centre is a great example of what continues to be a mainstay in the retail investment community,” said Pierce Mayson, principal, Investment Properties Group. “Grocery-anchored product in primary and high-growth markets like Charlotte is still garnering plenty of attention from investors, as evidenced by the eight solid offers we received before choosing our eventual buyer.”
Kyle Stonis, managing principal, and Pierce Mayson, principal, Investment Properties Group, in the SRS Atlanta office represented the seller in the transaction.
About SRS Real Estate Partners
SRS Real Estate Partners is the largest real estate company in North America exclusively dedicated to retail services. Headquartered in Dallas with more than 20 offices worldwide, SRS’ strong reach and international presence provide the company with unparalleled knowledge both globally and domestically. As a result, clients of SRS have a competitive edge through a full range of offerings including brokerage services, corporate services, development services and investment services. Since its inception in 1986, SRS has built a strong foundation in the retail real estate world and grown into one of the industry’s most influential and respected leaders. Our success is measured in the achievement of our clients’ objectives, satisfaction and trust. For more information, please visit www.srsre.com.
