North Carolina-based Prudent Growth Partners announced this week that it has purchased Hampton Cove Shops for $7.6 million. The sale was finalized Friday, March 13.
Hampton Cove Shops sells for $7.6 million
The 41,681-square-foot retail center is currently 96.64% leased to 12 tenants with staggered lease expiration dates.
The shopping center includes Dollar Tree, H&R Block, Jefferson’s, We Rock the Spectrum Kid’s Gym and ALFA Insurance among others.
“Hampton Cove Shops aligns directly with Prudent Growth’s strategy of acquiring stabilized retail assets in high-quality growth markets with embedded upside and strong downside protection.”…