Linway Capital Partners Announces
Acquisition of Lakeview Shopping Center in Parkersburg, WV
ROCKVILLE, MD — Linway Capital Partners (“LCP”) is pleased to announce that it has acquired 100 Lakeview Center, a 70,172 premier commercial property strategically located in the heart of Parkersburg, West Virginia. The property is anchored by a diverse and reputable tenant roster, including national brands like Goodwill and Buffalo Wild Wings.
LCP’s Principal Drew Briscoe stated, “We are pleased to expand Linway’s portfolio in West Virginia with the acquisition of a necessity and service-oriented retail asset in Parkersburg. This serves as the company’s sixth acquisition of small-cap shopping centers across the mid-Atlantic. Our ability to effectively identify compelling investment opportunities in robust markets, with multiple avenues for income growth and value appreciation, is ensuring long-term benefits for investors.”
LCP plans to continue its shopping center portfolio growth with additional acquisitions in the new year. With a strategic focus 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.
12/10/2024
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