Concord, N.C. — Colliers International has arranged the $10.5 million sale of a 135,197-square-foot, single-tenant Lowe’s Home Improvement store located in Concord, roughly 25 miles outside of Charlotte.
North Carolina
Raleigh, N.C. — CBL & Associates Properties Inc. (NYSE: CBL) has closed on a new joint venture with DRA Advisors LLC that significantly reduces the retail real estate investment trust’s ownership stake in Triangle Town Center and Commons mall in Raleigh.