Carnegie Companies is pleased to announce the sale of approximately 1 acre of land in Marion, IL. Carnegie has owned the property, containing 5 acres of land, for over 20 years and will retain the remaining 4 acres, which is currently ground leased to a longstanding tenant. Carnegie was approached by a travel center / [...]
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 [...]
Carnegie Companies is pleased to announce the sale of an outparcel at Fairfield Crossing, a neighborhood shopping center in Fairfield, OH. Carnegie sold the outparcel for the development of a free-standing Take 5 Oil Change. This sale and development will add additional traffic to the shopping center and retail node and provides a sought after amenity for the community [...]
Carnegie Companies is pleased to announce the sale of Belleview Shopping Center in Plaquemine, LA. Belleview Shopping Center is a well-located, high visibility grocery-anchored center with regional and national tenants including Rouses, Hibbett, Dollar General, and Citi Trends. After acquiring and financing the center in 2014, Carnegie decided to explore a sale in early 2025. [...]
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. [...]
