Aug
28

Harris Teeter Anchored Retail Center Sold

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Berkeley Capital Advisors  has announced the sale of Chatham Downs, an 80,110 SF grocery anchored retail center located at 88 Chatham Downs Drive in Chapel Hill, North Carolina. The Center is anchored by a 48,756 square foot Harris Teeter and a 16,800 square foot Town & Country Hardware store. It is within five miles of Governor’s Club and the planned Booth Mountain residential development. The sales price was not disclosed.

Rob Carter, Alex Quarrier, and David Webb represented the sellers, Shiner Capital Partners and Lat Purser & Associates, in the transaction of the property, which sold to a 1031 exchange buyer.

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    Categories : Chapel Hill

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