realestate

Private equity firm acquires Jackson Township retail complex

North Carolina-based private equity firm acquires Whipple Bradley Plaza in Jackson Township.

P
rudent Growth Partners, a private equity real estate firm based in Chapel Hill, North Carolina, has acquired the Whipple Bradley Plaza for $2.73 million. The 20,751-square-foot shopping center at 4915 Whipple Ave. NW is home to seven tenants, including the U.S. Army Recruiting Office and Health & Fitness Equipment Center. Tom Hahn, president of Prudent Growth Partners, expressed enthusiasm about adding the property to their portfolio, citing its strategic location in a growing area of Canton. The plaza also houses Framer's Workshop and other businesses, positioning it for continued success under new ownership.

Private equity firm acquires Jackson Township retail complex with multiple stores and buildings.