Core Rainelle Plaza LLC has successfully sold Rainelle Plaza located in Rainelle, WV. Rainelle Plaza was acquired in 2019 as part of a distressed portfolio purchase of under managed assets.
“We were really successful implementing our model with Rainelle Plaza. We were able to extend all anchor tenants and add new ones in a challenging tertiary market. Getting credit tenants and leasing up over 30% of the property is something we are extremely proud of achieving.
I wish the new owners the best of luck with this asset moving forward.” – Drew Angel, Managing Partner of Core Rainelle Plaza LLC