ShopOne Centers REIT, in a joint venture with Pantheon and a global institutional investor, has acquired Shoppes on the Parkway, an approximately 40,000 square foot neighborhood shopping center in Cary, North Carolina, an infill submarket of Raleigh. Shoppes on the Parkway marks the joint venture’s first acquisition in Raleigh and aligns with its strategy to acquire well-located necessity and value-oriented grocery-anchored shopping centers in high growth markets.

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David Hoffman

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