Dec
11

Raleigh Shadow Anchored Retail Center Sold

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Arco Commons, a shadow-anchored strip center located at the corner of Highway 70 and Brier Creek Parkway in the Brier Creek Commons Shopping Center in Raleigh, has sold for $4.2 million to an undisclosed buyer. Brier Creek Commons Shopping Center includes tenants such as Dicks Sporting Goods, Target, BJ’s Wholesale, Barnes and Noble, and Ross Dress for Less. Arco Commons is fully leased to AT&T, Jimmy John’s and Mattress Firm on long-term corporate leases. Joe Graham of CBRE-Raleigh’s investment properties group represented the buyer.

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