Second Horizon Capital Acquires Kingston Collection Mall From Affiliate Of The Pyramid Cos For $9M

The Kingston Collection mall, located at 3500 Oleander Dr in Wilmington, NC, has been sold for $9 million. The property spans 473,000 square feet and was acquired by Second Horizon Capital from an affiliate of The Pyramid Cos. The sale price equates to $19 per square foot.

Summary of transaction details

• Property Type: Retail
• Transaction Amount: $9,000,000
• Address: 3500 Oleander Dr, Wilmington, NC
• Market: Wilmington, NC
• Buyer: Second Horizon Capital
• Seller: Affiliate of The Pyramid Cos
• Square Footage: 473,000
• Price per Square Foot: $19

Second Horizon Capital, a prominent buyer in the real estate industry, has successfully acquired the Kingston Collection mall. This transaction has been completed through the purchase of the property from an affiliate of The Pyramid Cos for a total of $9 million.