CHARLOTTE, NC—Halpern Enterprises is continuingto execute its acquisition strategy across the Southeast. TheAtlanta-based investment firm just snapped up Rock Hill Crossing, a50,000-square-foot retail center on the west side of the Charlotte,N.C. suburb of Rock Hill, SC. Halpern paid about $8 million in anall cash deal.

With its latest retail acquisition, Halpern now owns and manages34 retail centers in Georgia, Florida and South Carolina. Halpernmade its first move to grow outside Georgia in December when itbought a retail center in St. Petersburg, Fla.

“The size of our target acquisitions is anywhere from $2 millionto $20 million. Above that would require bringing in a partner,”Bill Brown, president of Halpern Enterprises,tells GlobeSt.com. “This initiative is opportunity-driven. We arelooking at opportunities every day, and we have to look at a lot ofdeals to find the ones that will work for us. That said, we are ina strong position to take advantage of the opportunities we decideto pursue.”

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