Jul
20

Morrisville, NC Harris Teeter Center Sold

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A Los Angeles real estate investment firm has bought its second shopping center in the Triangle in the past six months.

This week, Westwood Financial Corp. paid $15.25 million for McCrimmon CornersĀ  at 4093 Davis Dr. in Morrisville, from Crosland, according to Wake County property records. The center includes 86,270 square feet of space on about 30 acres. Crosland of CharlotteĀ  developed the property and opened it in 2005. The center is 99 percent leased to Harris Teeter, Tossed Salads, Taekwondo Academy, Nikos Taverna, Saffron Indian Food Restaurant, Two Guys Grille, Subway, AT&T, Great Clips, State Farm and Red Dragon. Rob Carter of Charlotte, N.C.-based Berkeley Capital Advisors represented the seller.

ADDITIONAL PROPERTY INFORMATION HERE

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