Harbour Retail Partners Announces Fund III Formation

  • Post category:NewsPress

Harbour Retail Partners is pleased to announce the formation of its 3rd equity fund, Harbour Retail Partners Real Estate Fund III, L.P., a Delaware Limited Partnership. Consistent with Fund I & II, Harbour’s Fund III vehicle will acquire and invest in commercial properties, focusing primarily on grocery anchored shopping centers, mixed-use projects, and single-tenant assets. Fund III will primarily invest in both value-add acquisition, redevelopment and ground-up development opportunities, primarily in the southeastern United States. HRP General Partners…

Continue ReadingHarbour Retail Partners Announces Fund III Formation

Union-McLean Development & “The Citizen”

  • Post category:NewsPress

MEMPHIS, TN - Harbour Retail Partners has sold its mixed-use development at the corner of South McLean Boulevard and Union Avenue in Memphis, Tennessee. HRP originally purchased this property in April of 2016 with plans for an adaptive reuse of the existing hotel and office building into a mixed use, multi-family over retail project. The final project included approximately 175 apartment units in the high-end apartments “The Citizen” with an average size of 800 square feet and approximately…

Continue ReadingUnion-McLean Development & “The Citizen”

Harbour Retail Partners Signs ALDI Lease for Clemmons Market

  • Post category:NewsPress

CLEMMONS, NC - Harbour Retail Partners has signed a lease with Aldi for the 24,000+/- square foot in the former K-mart, now called Clemmons Market. HRP has also signed a lease with Bojangles and is negotiating letters of intent to fill the remainder of the redeveloped K-mart space. HRP closed on closed on the Clemmons, NC property in June of 2019 and began redevelopment on the 95K square foot shopping center after terminating the Kmart lease. Clemmons Market is…

Continue ReadingHarbour Retail Partners Signs ALDI Lease for Clemmons Market

Harbour Retail Partners Closes on Single Tenant Development for Panera Bread in Lawton, OK

  • Post category:NewsPress

LAWTON, OK - Harbour Retail Partners recently closed on a 0.93 acre site to develop a new 4,355 SF Panera Bread location with a drive-thru. Located at 821 NW Sheridan Road, construction commenced in November of 2020 and Panera Bread plans to open in the Spring of 2021.

Continue ReadingHarbour Retail Partners Closes on Single Tenant Development for Panera Bread in Lawton, OK

HRP Sells The Learning Experience Location in Mt. Juliet, Tennessee

  • Post category:NewsPress

MT. JULIET, TN – Retail Partners recently sold a 10,000 sf stand-alone The Learning Experience in Mt. Juliet, TN. The Learning Experience is a private childcare and education concept, combining traditional academic studies with non-traditional elements in yoga, lifestyle, nutrition, and philanthropy. In partnership with Chicago-based Bradford Real Estate Company, HRP has developed eight freestanding locations for the Learning Experience in Tennessee, Illinois, and Wisconsin.

Continue ReadingHRP Sells The Learning Experience Location in Mt. Juliet, Tennessee

Harbour Retail Partners has Purchased Boulevard Market Fair

  • Post category:NewsPress

ANDERSON, SC - Harbour Retail Partners closed on the purchase of Boulevard Market Fair, a Publix-anchored shopping center located in Anderson, South Carolina. Boulevard Market Fair is a 60,346 SF shopping center and sits on 7.5 acres. Built in 1995, the center is anchored by a 56,000 SF Publix and is currently 100% leased.

Continue ReadingHarbour Retail Partners has Purchased Boulevard Market Fair

HRP Sells Murrells Inlet Property

  • Post category:NewsPress

MURRELLS INLET, SC – Harbour Retail Partners recently sold 5.5 acres in Murrells Inlet, SC to Atlanta Developer, Andy Salomon of Salomon Real Estate. The property is located at the intersection of Highway 17 and Tadlock Drive, adjacent to Home Depot and directly across the street from Inlet Square Mall. HRP closed on the sale June 29th, 2020.

Continue ReadingHRP Sells Murrells Inlet Property

Harbour Retail in Joint Venture for Wallbrook Mixed-Use Development

  • Post category:NewsPress

ROLESVILLE, NC – Harbour Retail Partners has partnered with Charlotte-based Crosland Southeast to develop Wallbrook, a mixed-use project along Main Street in the heart of Rolesville, NC. The partnership is developing a 15 acre grocery anchored project with expected delivery in 2023. The Partnership has assembled approximately 80 acres with over a half mile of frontage along Main Street and expects to phase the project over five years after NDOT’s major realignment of Burlington Mills Road. The approved…

Continue ReadingHarbour Retail in Joint Venture for Wallbrook Mixed-Use Development

Harbour Retail Partners & New Market Properties Announce Acquisition of a Grocery-Anchored Shopping Center in Wilmington, NC

  • Post category:NewsPress

ATLANTA, Dec. 19, 2019 /PRNewswire/ — Preferred Apartment Communities, Inc. (NYSE: APTS) (“PAC” or the “Company”) announced that it made an approximate 92.5% equity investment in a joint venture with Harbour Retail Partners (based in Wilmington, North Carolina) to acquire Hanover Shopping Center, a grocery-anchored shopping center in Wilmington, North Carolina. The 305,346 square foot Hanover Shopping Center is anchored by high-performing Harris Teeter. This high barrier to entry location has strong demographics and is strategically positioned at…

Continue ReadingHarbour Retail Partners & New Market Properties Announce Acquisition of a Grocery-Anchored Shopping Center in Wilmington, NC