LOCAL INVESTOR BUYS TRIO PLAZA

Charlotte-based The Tomlin Group has purchased the two-story Trio Plaza retail building in South Charlotte from Island Creek Land Co for$1.6M in a 1031 exchange. The 11,600 SF, one-acre property is located at 10701 McMullen Creek Pkwy and was almost fully leased at the time of the sale, Tomlin?s Bruce Tomlin tells us. It's anchored by a Sherwin-Williams paint store, while small office users occupy the second story. Efird-Bentley?s Tom Bentley repped the seller.

Continue reading this story with a free account

Log in or register
Sign up for more articles like this
Subscribe to Bisnow's Charlotte Newsletters
Related Stories

From Pandemic Darling To Cautionary Tale: Pickleball Clubs Face A Reckoning After Betting Big On Retail Space

Foundry Robotics Leaves San Francisco For New East Bay HQ

Tenant Rep Firm Expands To Philly, Hires Industry Veteran

Data Centers Lose The Top Spot, San Francisco Jumps 40 Places: 9 Takeaways From ULI's 2027 Outlook

Charlotte Extends Data Center Moratorium For 11 More Months

Cushman & Wakefield, NYC Added To Suit Alleging $250K Agency Lease Shakedown

Denver Public Schools' $11M Centennial Hall Purchase Marks Rare Land Sale For ULC

Brandywine Plans To Sell $200M Worth Of Properties In 2027

Pennsylvania Reveals Draft Map Of Areas To Benefit From Opportunity Zones 2.0

Developer Buys Land For Active Adult Apartments Near Novant Health Hospital

Cresa Taps Nathan Knowles As Atlanta Market Leader

Developer Of $3.8B Atlanta Project Discloses $19M Accounting Error