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Sale · Retail

Wilder & Greenberg Gibbons Acquires Retail Property At 14460 New Falls Of Neuse Rd For $33M
SOLDRetail

Wilder & Greenberg Gibbons Acquires Retail Property At 14460 New Falls Of Neuse Rd For $33M

$33,000,000

$201/SF

Building Size

163,975 SF

Asset Type

Retail

Closing

Jun 12, 2026

AI

The property involved in this transaction is a retail asset located at 14460 New Falls of Neuse Rd, Raleigh, NC. The sale price of the property was $33,000,000, and it comprises 163,975 square feet, translating to a price per square foot of $201.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $33,000,000
  • Buyer: Wilder & Greenberg Gibbons
  • Seller: Mishorim Gold NC, LP
  • Sale Date: 06/12/2026
  • Market: Raleigh, NC
  • Square Footage: 163,975
  • Price per Square Foot: $201

This transaction marks Wilder's entry into the North Carolina market through a joint venture with Greenberg Gibbons, facilitating the acquisition of Wakefield Commons from Mishorim Gold NC, LP.

Players

GG
Greenberg GibbonsBuyer
W
WilderBuyer

Market Retail Market Snapshot

Boundary boundary · Retail · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.48%

Cash-on-Cash

-0.14%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93