Turnbridge Equities acquired 707 Semart Drive, consisting of a popular local garden shop on 2.9 acres in December 2021. The investment was purchased off-market in a highly-negotiated transaction with the owner-occupant that includes a three-year sale leaseback. Following the leaseback, Turnbridge believes there is significant upside in developing the 2.9-acre site, which is located within…

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82,000 SF, 100% leased mixed-use property in Downtown Raleigh featuring nearly two acres of surface parking lots that provide significant development potential along with current income

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Acquistion of a non-performing loan secureed by a 350,000 SF open-air shopping urban center with signficant intrinsic value upside.

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Distressed mall in the heart of the Research Triangle provides critical mass for placemaking at an attractive basis

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Cary Towne Center Distressed Retail / Cary, NC Distressed mall in the heart of the Research Triangle provides critical mass for placemaking at an attractive basis Acquisition Sourcing Acquired a distressed super regional mall, on 76 acres, in a short sale from a public REIT that had failed in its prior redevelopment efforts. Subsequently completed the…

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