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Home > Raleigh, N.C., Retail Property Sells for $36Mln; Gets $26.4Mln Loan

Raleigh, N.C., Retail Property Sells for $36Mln; Gets $26.4Mln Loan

August 10, 2026
in General News

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Armstrong Capital Development has paid $36 million, or nearly $132/sf, for the 273,105-square-foot Townridge Shopping Center in Raleigh, N.C. The Greenwood Village, Colo., investment manager

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Tags: Armstrong Capital Development JLL Capital Markets PNC Bank Raleigh Retail North Carolina - NC Property Acquisitions (ACQ) Between $25 million and $50 million

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