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
Market Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
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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