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The Camfield Corners shopping center in south Charlotte has sold for $11.2 million. Camfield purchased the center in 2015 for $11.8 million.

Ziff Real Estate Partners bought the nearly 70,000-square-foot center at 11535 Elm Lane, situated between the StoneCrest at Piper Glen shopping center and Ballantyne, on a 9.7-acre parcel.

The Planet Fitness-anchored center was 100% leased at the time of the sale. It’s also home to Goodwill, Lotus Café, Hungry Howie’s Pizza, a ballroom dance studio, a nail salon and other services.

Wells Herndon, Wesley Fricks, William Hatcher and Carter Dickinson with Simpson Commercial Real Estate Partners facilitated the deal.

Ziff Real Estate Partners also owns and operates Matthews Festival Shopping Center in Matthews, Carolina Crossing in Indian Land and Turnberry Crossing in Cornelius.

The post 70K-SF NC Shopping Center Flips to Ziff appeared first on Connect CRE.

​  The Camfield Corners shopping center in south Charlotte has sold for $11.2 million. Camfield purchased the center in 2015 for $11.8 million. Ziff Real Estate Partners bought the nearly 70,000-square-foot center at 11535 Elm Lane, situated between the StoneCrest at Piper Glen shopping center and Ballantyne, on a 9.7-acre parcel. The Planet Fitness-anchored center was …
The post 70K-SF NC Shopping Center Flips to Ziff appeared first on Connect CRE. Read MoreAtlanta & Southeast Commercial Real Estate News