crefeed.com | SMS sells North Carolina retail property

10/10/2007

SMS sells North Carolina retail property

Eastfield at Prosperity Village

Cambridge Properties Inc. has sold the Eastfield at Prosperity Village to Los Angeles-based Curtis-Rosenthal Inc. for $18.53 million.

Steve Slattery, president of SMS Real Estate Investment Services Inc., represented Cambridge while David Rosenthal handled the in-house negotiations for the buyer.

Built in 2003, the 88,200 square foot retail property is located at 13010-13108 Eastfield Rd. It contains five buildings and is home to such tenants as Quizno's Subs, Lowes Food and Bank of America.

Huntersville, N.C., has a population of roughly 25,000 people and is located 15 miles north of Charlotte.

SMS Real Estate is a Charlotte-based real estate firm specializing in the brokerage of investment properties in the Carolinas.

Slattery formed SMS in 2004 after leaving his vice president position at Trammell Crow Company. A graduate of Claremont Men's College, Slattery has 20 years of experience in the commercial real estate industry.

Address: 13010-13108 Eastfield Rd., Huntersville, N.C.

Size: 88,200 square feet

Built: 2003

Filed Under: Retail

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