CityPlat Commercial Real Estate has made its first acquisition in the Triad market, purchasing a 97,000-square-foot retail center anchored by Ollie’s Bargain Outlet in Burlington for $6 million. Partner Vincenzo Verdino expressed interest in further acquisitions in the region, highlighting its favorable real estate prices and cap rates compared to the Triangle area.

John Brasier – Reporter, Triad Business Journal

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March 10, 2022