Andrew Patterson Of Shannon Waltchack Acquires Pirate's Pointe Shopping Center In Greenville For $11.6M

A 3.07-acre retail property located at 740 Greenville Boulevard Southwest in Greenville, NC, has been sold for $11,600,000. The property, an asset featuring a shopping center with a total square footage of 3,720, reflects a price per square foot of $3,118. This transaction marks a significant milestone in the local market, contributing to the area's retail landscape.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $11,600,000
• Square Footage: 3,720
• Price Per Square Foot: $3,118
• Address: 740 Greenville Boulevard Southwest
• Market: Greenville, NC
• Acres: 3.07
• Buyer: Andrew Patterson - Shannon Waltchack
• Broker: Jake Viverette - Bryant Capital Advisors

Notably, this transaction involved Pirate’s Pointe, a shopping center constructed in 2007 with 11 tenants. The sale constituted a record for multi-tenant retail transactions in Pitt County, enhancing the market dynamics of the area. Jake Viverette represented the deal on behalf of Bryant Capital Advisors, playing a crucial role in this significant real estate transaction.