Loden Properties Sells Retail Center in North Carolina for $7.4 Million

The 24,656-square-foot asset, located in Raleigh, North Carolina, is anchored by Target. The 24,656-square-foot asset, located in Raleigh, North Carolina, is anchored by Target.

Raleigh, N.C. — Loden Properties has sold a two-tenant shopping center located adjacent to North Carolina State University’s Raleigh Campus for $7.4 million.

The 24,656-square-foot property is home to tenants including a 22,211-square-foot Target and Guasaca, a fast-casual Venezuelan restaurant. San Francisco-based Stockbridge bought the property. Tom Kolarczyk, Justin Good and Warren Johnson of HFF represented the seller in the transaction.

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