Friday, September 20, 2024

Prudent Growth Partners acquires Florida shopping mall | PE Hub

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  • The property was built in 2007
  • Based in Chapel Hill, North Carolina, Prudent Growth Partners focuses on properties that tend to be overlooked by larger institutions

Prudent Growth Partners has acquired the Village Shoppes of Destin, a Florida-based shopping mall. The purchase price was $8 million.

The property was built in 2007.

“We are very excited about the purchase of the Village Shoppes of Destin and look forward to the performance of this property. It is another strong acquisition in Florida for our investors and a great addition to our overall portfolio,” said Tom Hahn, president of Prudent Growth Partners, LLC in a statement.

Based in Chapel Hill, North Carolina, Prudent Growth Partners focuses on properties that tend to be overlooked by larger institutions.

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