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| Chris Vasbinder |
CHARLOTTE, NC (Oct. 15, 2014) — Lincoln Property Company and
its affiliate Lincoln Harris have arranged the $31.5 million purchase of the
78,839-square-foot Northlake Commons Shopping Center, located at 9335
Center Lake Drive in Charlotte.
Chris Cotten of Lincoln Property Company, advised
locally by Chris Vasbinder and Johno Harris of Lincoln Harris’
Charlotte office, represented the buyer, American Realty Capital – Retail
Centers of America.
Rob Carter of Berkeley Capital Advisors LLC
represented the seller, Northlake Commons LLC, which is made up of Ferncroft
Capital and Crow Holdings.
Lincoln Harris will lease and manage the center, which is 92
percent leased. Tenants include Party City, Panera Bread and Chick-fil-A.
For a complete copy of the company’s news release, please
contact:
Stephen Ursery
The Wilbert Group
404-549-7150 (O)
404-405-2354 (C)
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