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Glen Allen, Va. — Glen Allen-based Capital Square Realty Advisors LLC has acquired three Food Lion-anchored shopping centers in North Carolina and South Carolina.
The portfolio, which was approximately 98 percent occupied at the time of acquisition, includes West Point Village, a 48,246-square-foot shopping center located in Asheboro, North Carolina; College Lakes, a 43,041-square-foot shopping center located in Fayetteville, North Carolina; and Kris Krossing, a 49,800-square-foot shopping center located in Conway, South Carolina. Tim Marshall of TM1031 Exchange Inc. represented Capital Square.