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