Carnegie Companies is pleased to announce the acquisition of University Plaza, a neighborhood shopping center approximately 98,000 square feet, located southwest of the Dallas Fort Worth Metroplex, in Stephenville, Texas. University Plaza is anchored by Big Lots and Family Dollar, adjacent to Tarleton State University. This acquisition fulfills both forward and reverse 1031 exchanges and [...]
Carnegie Companies is pleased to announce the sale of 2 properties. - Georgetown Square, a 57,000 square foot, 5 - building multi-tenant shopping center located in Indianapolis, IN, near the Indianapolis Motor Speedway. Georgetown Square was one of Carnegie's longest-held properties, acquired in 1979. - R & R Truck Sales, a 29,000 square foot single-tenant [...]
Carnegie Companies is pleased to announce the sale of a Discount Drug Mart-anchored center located in Minerva, OH on 1/31/17. Discount Drug Mart is an Ohio-based pharmacy chain with over 70 locations. Carnegie owned the property for over 10 years, and after enjoying a material increase in rents, made the decision to sell.
Carnegie Companies is proud to announce the sale of Winchester Woods, a 168 unit multi-family property located in Fort Wayne, IN. Carnegie purchased Winchester in 2006 and successfully executed the long-term strategy of growing rents and increasing occupancy levels, prior to its sale on 1/9/17. Capitalizing on an aggressive market for residential properties, Carnegie plans to [...]
Carnegie Companies is pleased to announce the acquisition of Plaza of Mableton, in Mableton, GA. This property is a grocery-anchored retail neighborhood center located in the Powder Springs submarket of Cobb County, within the Metro-Atlanta MSA. The property is anchored by a strong-performing Food Depot on a long-term lease. Food Depot, a proven operator [...]