Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, recently announced the sale of Millstone Towne Center, a 40,000-square-foot shopping center located in Hope Mills, North Carolina. The property sold for an undisclosed price.
Donald Gilchrist and Nathan McElroy, investment specialists in the firm’s Raleigh office, had the exclusive listing to market the property on behalf of the seller. The buyer, a small investment fund out of North Carolina, was represented by Greg Marks of Triland Properties.
“It was a swift and efficient closing after a long negotiation period, but the owner was pleased with the sale and the representation,” said Gilchrist in a press release. “I appreciate the patience of the seller and the very efficient legal team.”
Millstone Towne Center is located at 3350-3351 South Peak Drive in Hope Mills. The property serves as the retail portion of a planned commercial development that includes residential and multifamily properties. Constructed in 2008, the center is 92 percent occupied and features both local and national tenants.
GFBJ staff joined by Publisher Marty Cayton’s wife pictured at the 2025 Q2 Power Breakfast. Left to right: Faith Hatton, Joy Cayton, Marty Cayton, Ellie Rhoades and Stephanie Meador.Well, in case LinkedIn failed to inform you I have now been at the G
The 6,000-square-foot station house will provide cover and added security for Campbell’s four mobile clinics. Construction is expected to be wrapped in August of 2025. Photos by Campbell University. Campbell’s four Mobile Health and Education Cl
Dr. Geddis Dr. Janell Geddis assumed the role of president for Miller-Motte College’s Fayetteville campus in February of 2024. Dr. Geddis joined MMC with 15 years of experience in higher education, with most of her roles serving community
