Historical Retail Sale Listing - Patterson Place Shopping Center - Phase II RETAIL

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Patterson Place Shopping Center - Phase II RETAIL

At Interstate 40 and Hwy 15-501, Durham, NC 27707

N/A

35,000 SF | Retail

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Retail Property - Off Market

Price:
N/A
Building Size:
35,000 SF
Property Type:
Retail
Property Sub-type:
Street Retail
Property Use Type:
Investment
No. Stories:
1
Lot Size:
52 AC
Listing ID
16276085
Last Updated
over 1 year ago

Description

Exciting new mixed-use development located in the heart of the Triangle (at Hwy 15-501 & I-40). Phase I of Patterson Place is comprised of over 460,000 sf of retail and restaurant space and was completed in the Fall of 2004. It is anchored by Kroger, Bed Bath & Beyond, Total Wine, AC Moore, PetsMart, and DSW. When complete, Phase II will include 35,000 sf of retail and restaurant space; 60,500 sf of office space that will include 31,000 sf of medical office spaced lease to Duke Private Diagnostic Clinic; and a 130-suite Spring Hill by Marriott hotel. When fully developed, Patterson Place will include over 575,000 sf of big box, junior box, shop retail and restaurants, along with a hotel and 100,000 sf of office on over 52 acres of property. Patterson Place is also the cornerstone of a 200-acre master planned development which ultimately will feature 700,000 sf of office and up to additional residential units. Construction has begun on Phase II. Expected delivery 4th quarter 2009!

Strategically located in the heart of the Triangle, at Interstate 40 and Highway 15-501. Less than a quarter of a mile from the Chapel Hill city limits, boasts a great demographic profile, and provides easy access to the entire Triangle area.

Map of Durham, NC 27707 (Durham County) - exact location not found

Research for At Interstate 40 and Hwy 15-501, Durham, NC 27707 (Durham County)

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Created 6/11/2009