Charlotte-Area Regional Shopping Destination Sells to NY Investor
JLL has closed the sale of Poplin Place, a fully leased, 196,462-square-foot regional shopping center with a premier anchor tenant lineup in the Charlotte area community of Monroe, NC.
A JLL team of Thomas Kolarczyk, Danny Finkle and Eric Williams represented the seller, Big V Property Group. Benjamin Bruner of Bruner Group represented the buyer, Irgang Group.
Poplin Place is fully occupied by a best-in-class anchor tenant lineup that includes T.J. Maxx, Ross Dress for Less, PetSmart, Burlington, Big Lots! and pOpshelf, along with a Target shadow anchor. Additionally, with 3.38 million annual visits, the center is ranked within the top 10 percentile for shopping centers nationally. Positioned on 30.21 acres at 2901 W US Highway 74, is Poplin Place is on the “going home” side of US 74 in Monroe, a suburban Charlotte community about half an hour from Uptown that is expected to grow its population by 12 percent over five years.
Lisa McDuffie arrives at ConnectCRE via REALTOR® world, where she served for nearly two decades as communications director for one of the nation’s largest REALTOR® organizations. She supported two membership-elected presidents who were commercial real estate practitioners, and managed the communications initiatives of the organization’s commercial special interest group.
When not following the latest commercial real estate news, Lisa is zeroed in on her charismatic off-the-track thoroughbred as she makes the transition from an utterly failed racehorse to a lovely show hunter.
CRE courses for CE credits
Get CE course credits, centered around all things CRE. View our courses today!