Recent Transactions (unpublished)

centre pointCentre Pointe Plaza, Smithfield, NC Provest Properties closed in February, 2017 this 160,000 SF market-dominant center. Anchored by newly renewed Belk, Burkes, and Dollar Tree, the 98% occupied center located 40 miles southeast from Raleigh benefits from synergistic tenants such as Hibbet Aarons, Rent a Center, etc., in addition to a variety of service and food uses. Sited on Smithfield's busiest thoroughfare, Centre Pointe shares cross access with and is driven traffic from the super Walmart next door. Provest acquired the center at a 9 CAP with 4.95% fixed rate. Financing provided by CCRE. Click Here for Aerial View Altama Village, Brunswick, GeorgiaAltama Village ProVest Properties closed in November, 2016 this 80,000 SF grocery-anchored center. Located on Brunswick's busiest thoroughfare, across the street from Glynn Isles, the area's major 450,000 SF power center, Altama Village, is anchored by Sava Lot, Staples, Party City, and a new ground-up constructed Harbor Freight. The 99% occupied center was acquired at an 8 CAP with upside in over 40,000 SF of space leased at less than 50% of current market rent. CCRE provided 10 year fixed rate financing. Click Here for Aerial View