Wednesday, October 15, 2014

Lincoln Property Co. and Lincoln Harris Arrange $31.5 Million Purchase of Northlake Commons Shopping Center in Charlotte, NC


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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