Marcus & Millichap Facilitates $6.8 Million Sale of Two-Property Retail Portfolio in North Carolina and Mississippi

Reuters
25 Jun
Marcus & Millichap Facilitates $6.8 Million Sale of Two-Property Retail Portfolio in North Carolina and Mississippi

ATLANTA, June 23, 2025 - Marcus & Millichap, a prominent commercial real estate brokerage firm, has successfully arranged the sale of a two-property retail portfolio in the Southeast, totaling over 53,000 square feet. The properties, located in Spring Lake, North Carolina, and Jackson, Mississippi, sold for $6.8 million. The Spring Lake Town Center, near Fort Liberty, is 85% occupied and features tenants like Dollar Tree and AT&T. The Jackson retail center, fully occupied, is anchored by Walmart and hosts popular stores such as Cato and It's Fashion. This transaction highlights the strong demand for necessity-based retail spaces with national tenants.

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