Core Marion Square LLC has successfully sold Marion Square located in Fairmont, WV. Marion Square was acquired in 2019 as part of a distressed portfolio purchase of under managed assets.
“Marion Square will be one of the more successful purchases in our companies history. The team was able to quickly execute long term extensions with Food Lion and CVS which immediately stabilized the rent roll. In addition, we were able to add synergistic tenants; Planet Fitness, O’Reilly Auto, T-Mobile, and Fairmont Nails.
We are thrilled to deliver another full cycle deal to our investors with fantastic returns ” – Drew Angel, Managing Partner of Core Marion Square LLC