Durham Shopping Center
Harbor Group Global, the Norfolk-based real estate company that owned and managed – and re-invented – the Durham Plaza neighbor hood shopping mall in north Durham over the past 17 years, features sold the middle to a new investor towards area.
An affiliate of Nassimi Realty, a family-owned real estate industry based in New York City, features paid $11.5 million for 234, 500-square-foot retail center at 2000 Avondale Drive, relating to county home files. Nassimi's only various other residential property in vermont is the Sycamore Square retail center in Fayetteville.
c/o Greysteel
Durham Plaza, during the time of the offer, had been 90 percent rented. Anchor tenants feature a Compare ingredients supermarket that changed Winn-Dixie, an E.C. Barton's Surplus Warehouse and Kimbrell's Furniture that replaced the Carmike 7 movie theatre, and a large Lots and Harbor Freight & Tools that replaced K-Mart during the last few years. The center, located off Interstate 85, ended up being built-in the 1970s.
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