Evans Best LLC Acquires Retail Property On Martin Luther King Jr. Blvd In New Bern For $12.8M

The retail property located at 3531 Martin Luther King Jr. Blvd in New Bern, NC has been sold for $12,750,000. The transaction took place on December 22, 2022. The property spans 59,516 square feet, resulting in a price per square foot of $214. The buyer is Evans Best LLC, while the seller is Columbia Development Group and Lubert Adler.

Summary of transaction details

• Property Type: Retail
• Transaction Amount: $12,750,000
• Address: 3531 Martin Luther King Jr. Blvd, New Bern, NC
• Market: New Bern, NC
• Buyer: Evans Best LLC
• Seller: Columbia Development Group & Lubert Adler
• Brokers: Tom Kolarczyk & Danny Finkle - JLL Capital Markets
• Square Feet: 59,516
• Price per Square Foot: $214

The transaction was facilitated by brokers Tom Kolarczyk and Danny Finkle from JLL Capital Markets. They represented both the buyer and the seller in the deal.