ACPM News

07.27.04

Alliance Commercial Investments Buys Local Shopping Center

Greensboro partnership buys local shopping center. A limited-liability company that includes Alliance Commercial Investments LLC of Greensboro has purchased Alamance Crossing Shopping Center, also in the Gate City.

The 63,350-square-foot shopping center is anchored by a Bi-Lo grocery store and also includes a CVS pharmacy and five smaller tenants. It's located just south of downtown.

Alliance Commercial Property Management will manage the center, bringing its retail portfolio to nearly 700,000 square feet.

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