Publix Acquires Weaverville Plaza Retail Center In Weaverville NC For $30.5 Million

129 Weaver Boulevard is a retail property located in Weaverville, NC, and was sold for $30,500,000. The asset comprises a total of 133,965 square feet, equating to a price per square foot of $228. This property was previously traded in 2020 for $23.5 million.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $30,500,000
• Address: 129 Weaver Boulevard
• Market: Weaverville, NC
• Square Footage: 133,965
• Price per Square Foot: $228
• Buyer: Publix
• Seller: East Coast Acquisitions

Publix acquired the Weaverville Plaza, which includes a 49,000-square-foot store, in this transaction, facilitating a significant addition to its retail presence in the region. East Coast Acquisitions represented the seller in the deal.