Collins Commercial Properties, Inc./Raymond D. Collins Jr. Principal, represented VP Jacksonville, LLC, an affiliate of Finley Properties, in the acquisition of the operating Kohl’s Department Store at 224 Harmon Mill Creek Road Kernersville NC. The sale closed on 1-28-2021 at a sales price of $7,600,000. The Kohl’s encompassed 86,584 SF as freestanding building on 11.80 acres, shadow anchored by a Walmart Super Center and Lowe’s Home Improvement. The Seller, Centre Park 40 Associates, LLC was represented by Brad Busch and Stan Hoffman of St. Louis Commercial Realty. Finley Properties was identified as the Buyer of the property immediately upon the property going to market.
Both Collins Commercial Properties, Inc. and St. Louis Commercial Realty are affiliate members of Site Source Retail Broker Network. Site Source affiliates specialize in retail commercial real estate with independently owned offices throughout the United States.
For additional information, please contact Raymond D. Collins, Jr., President, Collins Commercial Properties, Inc. at office (336) 768-0555 or email ray@collinscommprop.com.