ATLANTA, Ga. --- The Southeast Capital Group at Newmark Knight Frank in Atlanta has been named exclusive sales and marketing agents for Southpark Village, located at 324 Village Walk Drive in the Raleigh suburb of Holly Springs, North Carolina.
The 82,662 square foot neighborhood retail center, built in 2008, is anchored by a Harris Teeter supermarket, the leading credit grocer in North Carolina and the 25th largest supermarket in the U.S. with sales of $4.1 billion in 2010. Currently, the center is 98 percent occupied.
Supermarket News magazine recently ranked Harris Teeter No. 34 in the 2010 “Top 75 North American Food Retailers” based on 2009 fiscal year sales of $2.92 billion.
Whitney Knoll, who heads the Southeast Capital Group at Newmark Knight Frank, said he along with Group members Fred Victor and Mark Hillis are undertaking the assignment.
Knoll said 3.5 acres of undeveloped land which fronts US-55 Bypass is available for sale along with the retail center. The undeveloped land is ideally situated for more retail development or for a medical office development to complement the future 50-bed Rex Hospital development directly across US-55 Bypass from SouthPark Village.
As a separate offering, 18.36 acres are available as prime multi-family development land located adjacent to SouthPark Village. The multi-family development will benefit from the new Hospital, job growth, population growth, and excellent public schools.
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