Core Whispering Pines LLC has successful sold Whispering Pines Shopping Center, located in Manchester, TN. Whispering Pines was purchased in 2022 with lease roll issues and significant vacancy.
“Our ability to deliver this return profile in the face of an intense interest rate rise is something we are extremely proud of. It is a testament to the business model and ability to raise the top line.
We quickly stabilized the rent roll with multiple anchor lease extensions. After stabilizing the anchors we were able to procure best in class retailers – Five Below and T-Mobile. Beyond the added income, this cured come co-tenancy issues and further stabilized the property.” – Drew Angel, Founding Partner of Core Whispering Pines LLC