Prudent Growth Completes Sale of Crosslake Park in North Carolina
Prudent Growth has sold its Crosslake Park property in Mooresville, NC for $7,800,000
CHAPEL HILL, N.C., Sept. 29, 2023 /PRNewswire-PRWeb/ -- Prudent Growth Partners, LLC, a Chapel Hill, NC-based private equity real estate firm, has sold its Crosslake Park property in Mooresville, NC (Charlotte MSA) for $7,800,000. The 55,000-square-foot retail/flex complex was purchased in June 2019 for $6,200,000.
"We experienced another great return for our investors with this disposition as we continue expanding our portfolio and actively looking for similar value-add opportunities throughout the southeast and midwest." - Tom Hahn, President of Prudent Growth Partners, LLC
"We experienced another great return for our investors with this disposition," said Tom Hahn, President of Prudent Growth Partners, LLC. "We want to continue expanding our portfolio and actively looking for similar 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 that 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.
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