Carnegie Companies is pleased to announce the sale of 11 residential townhome lots in Fraser, CO. This sale represents the 3rd and final tranche in a lot takedown agreement with our Colorado based development partner. The sale will conclude an investment which originated in April 2022 and will solidify a 1.9x return and a 29% IRR. [...]
Carnegie Companies is proud to announce the acquisition of Metairie Centre in Youngsville, LA. This multi-tenant center has an ideal tenant mix including: medical (34%), restaurants (22%), gym/recreational (15%), & service/daily needs (22%). Just south of Lafayette, Youngsville is one of, if not the, fastest growing cities in Louisiana. Youngsville also boasts the highest median [...]
Carnegie Companies is pleased to announce the sale of a 100% occupied multi-tenant retail center in West Melbourne, FL. This disposition was unique, in that Carnegie did not market the property, nor intend on selling it up until late 2024 when Carnegie’s anchor tenant at the property reached out with a desire to acquire the [...]
Carnegie Companies is pleased to announce the sale of an outparcel at Dexter Crossing, a neighborhood shopping center in Dexter, Michigan. Carnegie sold the outparcel for the development of a free-standing Ziggi’s Coffee. This sale and development will add additional traffic and momentum to the shopping center and retail node and offers a much needed amenity for the community of Dexter. Carnegie [...]
Carnegie Companies is proud to announce the acquisition of a single tenant property in Painesville, OH. The property is leased 100% to Bloom Medicinals. Carnegie successfully negotiated a lease extension on the asset during due diligence and the investment provides a double digit unleveraged return with the stability of a proven MSO in the cannabis [...]
