Jul
10

Shopping Center Portfolio Sold

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Kimco Realty has acquired a 367,696-square-foot portfolio of four shopping centers located throughout North Carolina and South Carolina. Davidson Commons, located in Davidson, N.C., spans 88,955 square feet and is anchored by Harris Teeter. The Fresh Market-anchored Forest Park in Greenville, S.C. is 51,691 square feet. Charlotte’s Mountain Island Marketplace is 73,320 square feet and is anchored by Harris Teeter and Rite Aid. The 153,820-square-foot Overlook Village is the largest of the centers sold by Columbia, S.C.-based Edens and is located in Asheville, N.C. Tenants for the power center include hhgregg, T.J. Maxx, Jo-Ann Fabrics & Crafts and Ross Dress for Less.

Berkeley Capital Advisors represented the seller in the transaction.

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