 |
| Frank Meyrath |
ATLANTA, GA —Bull Realty
brokered the sale of the 53,000 square foot grocery anchored shopping center in
metro Charlotte, NC known as Stanley
Marketplace. The sale closed on Sept. 1, 2015 for $5.1 million. The center
is anchored by Food Lion and Family Dollar.
Bull Realty was the only
broker involved in the transaction. Frank
Meyrath, VP of Capital Markets, arranged the sale between the seller, The
Simpson Organization of Atlanta, GA and the buyer, a North Carolina-based
private investor.
Meyrath had previously
worked with both the buyer and seller on separate transactions. He called
Stanley Marketplace an “outlier asset” for the seller, which has recently made
significant investments in office properties. The buyer was attracted to the
strength and remaining lease term of the anchor tenant, Food Lion.
Bull Realty, Inc.
(www.BullRealty.com) is a U.S. commercial real estate brokerage and advisory
firm headquartered in Atlanta, licensed in nine states providing acquisition,
disposition, leasing and advisory services.
The firm also produces and hosts
the nationally-syndicated Commercial Real Estate Show (www.CREshow.com). The
popular weekly show is broadcast on 40 radio stations nationwide, iTunes,
YouTube and CREshow.com.
Bull NC License # C17910
For a complete copy of the company’s news release,
please contact:
Melissa Henry
Communications Associate
Bull Realty, Inc.
50 Glenlake Pkwy, Suite
600
Atlanta, GA 30328
404-876-1640 x 110
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