Carnegie Companies is pleased to announce the sale of a 100% occupied, Starbucks-anchored multi-tenant center in Grand Haven, Michigan. This transaction marks our third disposition in the Grand Haven market over the last several years.
Notably, the combined proceeds from these three sales now exceed Carnegie’s 2019 acquisition price for the entire four-building portfolio. This milestone successfully validates our initial investment thesis: that the strategic “sum of the parts” held significantly greater value than the original whole. Carnegie continues to own and manage the neighboring Staples-anchored property within the original portfolio.
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