Mar
01

Wilmington Area Shopping Center Sold

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hampstead stationAtlanta-based Caliber Capital bought a Hampstead shopping center recently for $4.4 million, a broker involved in the transaction said Monday.

The firm purchased Hampstead Station, a Food Lion-anchored center that contains about 50,000 square feet of space, and two outparcels on U.S. 17 in Hampstead, from DMI, the center’s original developers, said Nicholas Silivanch, partner in Eastern Carolinas Commercial Real Estate.

“It’s a great investment in a growing marketplace,” said Silivanch, whose firm represented Caliber Capital in the transaction.

Silivanch said the new owners have retained ECCRE for the leasing and outparcel sales at Hampstead Station.

One of the undeveloped outparcels that was included in Caliber Capital’s purchase is 1.5 acres, and the other is 0.8 acre.

Other tenants at the center include Family Dollar and South State Bank.

Categories : Wilmington

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