Somerset Properties & Ten Capital Management Acquires Mixed-use Property In Greensboro, NC For $20.8M

A mixed-use property located at 406, 416, 418, 420, 422, 424, 426, 7009, 7011, 7015, 7017, 7019 & 7021 Albert Pick Road in Greensboro, NC has been sold. The property spans 229,184 square feet and was sold for a total price of $20,800,000, resulting in a price per square foot of $91.

Summary of transation details

• Property Type: Mixed-use
• Transaction Amount: $20,800,000
• Square Footage: 229,184
• Address: 406, 416, 418, 420, 422, 424, 426, 7009, 7011, 7015, 7017, 7019 & 7021 Albert Pick Road, Greensboro, NC
• Market: Greensboro, NC

The buyer of the property is Somerset Properties & Ten Capital Management. The sale was facilitated by brokers Patrick Gildea, Matt Smith, Grayson Hawkins, and Reggie Beeson from CBRE.