CONTACT: Robin Derryberry
FOR IMMEDIATE RELEASE
RISE PARTNERS CLOSES ON PAYTON PARK SHOPPING CENTER
CHATTANOOGA, Tenn. (September 13, 2019) — Rise Partners, an investment group focused on shopping center acquisitions, redevelopments and ground-up development, today announced its purchase of the Payton Park Shopping Center in Sylacauga, AL. This is Rise Partners fourth acquisition of 2019.
Located on US Highway 280, the 232,000 square foot shopping center is currently anchored by Walmart and Burkes Outlet and is 97% leased.
“We are excited to own this well occupied center that benefits from a strong area employment base, as well as substantial weekend traffic from Birmingham residents traveling to Lake Martin and river homes.”
For leasing and outparcel information contact Mary Beyer Lell at Crawford Square Real Estate Advisors at 205-834-3125.
To learn more about Rise Partners, visit: www.RisePartners.net or find them on LinkedIn, Rise Partners.