East Town Market, open air shopping center and office suite complex trades for 13 Million.
Legacy ‘s partner Rodney Faulkner played a referring role in the transaction between Red Hill Ventures and Sterling Global. The center consists of Shopping, Restaurants & Office Suites, all conveniently located in the heart of East Charlotte.
Red Hill Ventures LLC purchased the 182,362-square-foot complex and have plans to revamp East Town Market’s footprint with the goal of bringing healthier food options to the market. Update plans also include improvements to its facade, paint, lighting, parking lot, signage and landscaping. “We look at this area as a gateway to the east,” Faulkner says. “We’re just trying to make this a destination for people in that area and elevate the shopping experience for people that live on that side of town.”
“It will look dramatically different than it looks right now,” says Todd Collins Chief Executive with Red Hill Ventures.