YALE REALTY CORP. ANNOUNCES THE SALE OF WAYNESVILLE COMMONS IN WAYNESVILLE, NC.

WHITE PLAINS, NY (August 26th, 2022) - An affiliate of Yale Realty Services Corporation closed on the sale of Waynesville Commons, a 126,904 square foot retail shopping center located in Waynesville, NC for $18,000,000. The Super-Walmart shadow was 100% occupied at the time of sale and included major tenants such as Belks, Michaels, PetSmart and Rack Room Shoes. The buyer is an American supermarket chain based out of North Carolina that is publicly traded on the NASDAQ.

For questions, please contact Luke Gorz, EVP, at 914.289.0100 or LGorz@YaleRealtyServices.com.

Yale Realty Services Corp. is a privately held real estate investment firm that specializes in open air shopping centers anchored by strong credit grocery stores and Super Walmart’s. Please visit www.YaleRealtyServices.com for more information.

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