Linway Capital Partners Expands Into North Carolina
with the Acquisition of Perquimans Village
GREAT FALLS, VA — Linway Capital Partners (“LCP”) is pleased to announce that it has acquired Perquimans Village, a 34,330 square foot cornerstone center in Hertford North Carolina’s shopping district. The property is anchored by national credit operators: Family Dollar and DaVita. The asset was acquired with low leverage, long-term debt in partnership with Carter Bank and Trust.
LCP’s Principal Drew Briscoe stated, “We are pleased to grow the Linway partnership with another necessity and service-oriented retail asset, the 5th in a strategy to acquire small cap shopping center investments.”
LCP plans to continue its shopping center portfolio growth with at least three additional acquisitions this year. With a fresh perspective on retail CRE, the company strives for success by identifying properties with good access, visibility, and demographics that have a symbiotic relationship with online services and a tenant mix that performed well throughout the pandemic.
2/22/2024
Previous Articles
-
Linway Capital Partners Makes Acquisition of Riverside Shopping Center in St Paul, VA
7/5/2023
GREAT FALLS, VA — Linway Capital Partners (“LCP”) is pleased to announce that it has acquired Riverside Shopping Center, a 50,368 square foot multi-tenant credit anchored strip center located in St Paul, VA.
Read More
-
Linway Capital Partners Makes Acquisition of Denton Plaza in Denton, MD
3/10/2023
GREAT FALLS, VA — Linway Capital Partners (“LCP”) is pleased to announce that it has acquired Denton Plaza, an 18,000 square foot multi-tenant credit anchored strip center located in Denton, MD.
Read More
-
Linway Capital Partners Expands Into West Virginia with the Acquisition of Rainelle Plaza
11/15/2022
GREAT FALLS, VA — Linway Capital Partners (“LCP”) is pleased to announce that it has acquired Rainelle Plaza, a 30,171 square foot multi-tenant credit anchored strip center located in Rainelle, WV.
Read More
-
Linway Capital Partners Makes Inaugural Acquisition of Sleep Number Plaza in Easton, MD
6/17/2022
GREAT FALLS, VA — Linway Capital Partners (“LCP”) is pleased to announce that it has acquired Sleep Number Plaza, a 9,165 square foot multi-tenant credit anchored strip center located in Easton, Maryland.
Read More
