Le Lézard
Classified in: Business
Subject: RLE

Prudent Growth Completes Sale of Airpark in North Carolina


Prudent Growth has sold its Airpark Industrial Park property in Fuquay-Varina, NC for $3,200,000.

CHAPEL HILL, N.C., Aug. 28, 2023 /PRNewswire-PRWeb/ -- Prudent Growth Partners, LLC, a Chapel Hill, NC-based private equity real estate firm, has sold its Airpark Industrial Park property in Fuquay-Varina, NC for $3,200,000. The 24,000-square-foot multi-tenant neighborhood shopping center was purchased in August 2020 for $2,400,000.

"This disposition was another great return for our investors!" - Tom Hahn, President of Prudent Growth Partners, LLC

"This disposition was another great return for our investors," said Tom Hahn, President of Prudent Growth Partners, LLC. "We continue our mission of expanding our portfolio and are actively looking for value-add opportunities throughout the southeast and midwest."

Prudent Growth Partners, LLC is a private equity real estate investment company based in Chapel Hill, NC. The firm focuses on properties that tend to be overlooked by larger institutions and which provide exceptional returns on invested capital along with the possibility of longer-term capital gains achieved by expert management and future price appreciation.

Prudent Growth Operations, LLC is a full-service commercial property management company with a hands-on approach to serving our properties. Our team of professionals has one goal in mind: to create success and value in everything we do for our residents, tenants, and investors.

Media Contact

Tom Hahn, Prudent Growth Partners, LLC, 919-280-5641, [email protected], https://www.prudentgrowth.com/

SOURCE Prudent Growth Partners, LLC


These press releases may also interest you

at 09:49
The calendar may say spring, but summer travel is already sizzling with Americans keen to book getaways to the European continent. According to travel insurance provider Allianz Partners' annual Top 10 Summer European Destinations review, the number...

at 09:46
As the nation kicks off National Nurses Week (May 6 ? 12) a...

at 09:42
In the realm of employee benefits, the trend towards self?funded healthcare is unmistakable, as the regulatory landscape continues to change and healthcare costs continue to escalate. The National Association of Insurance Commissioners estimates that...

at 09:35
Seres Therapeutics, Inc. , a leading microbiome therapeutics company, today announced that management will host a conference call and live audio webcast on May 8, 2024 at 8:30 a.m. ET to discuss first quarter 2024 financial results and provide...

at 09:35
Infrastructure Dividend Split Corp. ("Infrastructure Split") is pleased to announce the successful completion of the previously announced merger of International Clean Power Dividend Fund ("CLP") , with Infrastructure Split being the continuing...

at 09:30
Morrow Hill today announces its support for the International Franchise Association (IFA)'s new Franchise Ascension Initiative, an accelerator program established to support individuals from underrepresented communities with education, mentorship,...



News published on and distributed by: