FAYETTEVILLE, NC – New York-based Triple Net Group has sold a 350,800-square-foot, grocery-anchored shopping center in Fayetteville, NC for $83 million.
The asset, Freedom Town Center, sold to an investment group in a 1031 exchange for a sales price that represents $236 per square-foot.
Freedom Town Center is more than 99% occupied by tenants, such as Sprouts, Dick's Sporting Goods, Hobby Lobby, Field & Stream, Home Goods, Burkes Outlet, Petco, Buy Buy Baby, DSW, World Market, Five Below, Osh Kosh B'Gosh and Five Guys.
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Ingrid Tunberg
Ingrid Tunberg sits on the editorial team as a coordinator and reporter for Real Estate Forum and GlobeSt.com. She is responsible for writing stories, assisting with industry awards and marketing nomination events. Previously, Ingrid worked as a copywriter across various industries throughout New York City and Chicago.
