CHARLOTTE, N.C., July 20, 2011 /PRNewswire/ -- Edens & Avant, one of the nation's leading retail real estate owners and developers, announced today that it has purchased Park Road Shopping Center in Charlotte, NC from its owners Wake Forest University, Queens University of Charlotte, and Wingate University. Philanthropist and legendary North Carolina businessman Porter Byrum (lower right photo) gifted the Park Road Shopping Center to his three favorite universities and worked hard to assist them in connection with its sale.
Opened in 1956, Park Road Shopping Center was the first open air shopping center in Charlotte, and the largest of its kind between Washington D.C. and Atlanta.
Purchased by Porter Byrum in 1967, Park Road has experienced virtually 100% occupancy for the last 44 years and has enjoyed unparalleled community support in an often volatile retail market.
To continue its focus on community-oriented retail and to assist its retailers with direct messaging to its shoppers, Park Road Shopping Center is now on Facebook at www.facebook.com/parkroadshoppingcenter and on Twitter @ParkRoadCenter.
For additional information about the Company and its retail real estate portfolio, please visit www.edensandavant.com. Or follow on Twitter @EdensandAvant.
Web Site: http://www.edensandavant.com
No comments:
Post a Comment