Mar
03

Food Lion Anchored Shopping Center Sold

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masonboroA firm that recently purchased a Hampstead shopping center also bought Masonboro Commons, a Carolina Beach Road property anchored by a Food Lion grocery store, a broker said Wednesday.

Caliber Capital of Atlanta bought the center at the corner of Golden and Carolina Beach roads for $3.3 million on Feb. 25, said Nicholas Silivanch, partner with Eastern Carolinas Commercial Real Estate.

Silivanch said the center, which is also anchored by Planet Fitness, stays busy. His company represented the buyer in the sale.

“It gets a lot of Monkey Junction traffic, and then it gets neighborhood traffic with where its located in southern New Hanover County, which is growing exponentially,” Silivanch said.

In addition to Masonboro Commons, Caliber also bought Hampstead Station from DMI as part of a two-center portfolio, said Silivanch, whose company has been retained for leasing and outparcel sales for both centers.

Categories : Wilmington

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