Bull Realty Brokers $5.1 Million Shopping Center, Stanley Marketplace

CHARLOTTE, N.C. - Sept. 10, 2015 - PRLog -- Bull Realty brokered the sale of the 53,000 square foot grocery anchored shopping center in metro Charlotte, NC known as Stanley Marketplace. The sale closed on Sept. 1, 2015 for $5.1 million. The center is anchored by Food Lion and Family Dollar.

Bull Realty was the only broker involved in the transaction. Frank Meyrath, VP of Capital Markets, arranged the sale between the seller, The Simpson Organization of Atlanta, GA and the buyer, a North Carolina-based private investor.

Meyrath had previously worked with both the buyer and seller on separate transactions. He called Stanley Marketplace an “outlier asset” for the seller, which has recently made significant investments in office properties. The buyer was attracted to the strength and remaining lease term of the anchor tenant, Food Lion.

Bull Realty, Inc. (www.BullRealty.com) is a U.S. commercial real estate brokerage and advisory firm headquartered in Atlanta, licensed in nine states providing acquisition, disposition, leasing and advisory services. The firm also produces and hosts the nationally-syndicated Commercial Real Estate Show (www.CREshow.com). The popular weekly show is broadcast on 42 radio stations nationwide, iTunes, YouTube and CREshow.com.

Bull NC License # C17910