Core Cain Creek LLC has successful sold Cain Creek Shopping Center, located in Danville, VA. Cain Creek was purchased off market in 2022 with some tenancy and deferred maintenance issues.
“We are extremely proud to deliver another full cycle investment with strong return profile in the face of an extremely volatile interest rate environment. We cleaned the place up with some parking lot work and were able to convert shop tenants from gross to triple net over our hold period. It’s another example of our ability to execute on our business plan and not be so reliant on capital market conditions ” – Drew Angel, Founding Partner of Core Cain Creek LLC
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