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Huntersville retail center manager
10.31.03

Grubar, Tyler & Black Properties Buys Market Square Shopping Center in Huntersville, NC

Grubar, Tyler & Black Properties announced that it has successfully completed the purchase of Market Square Shopping Center.  Weaver Grubar Tyler & Black, as exclusive broker, represented Grubar Tyler & Black Properties Market Square, LLC in the purchase of Market Square Shopping Center, a ±75,374 square foot shopping center. The price was not disclosed.

The Bi-Lo anchored shopping center is located in Huntersville which sits 15 minutes north of downtown Charlotte. Huntersville is an affluent and extremely fast growing suburban community. The town’s population grew by over 660% during the 1990s.

"Market Square has an excellent high-traffic, high-visibility location at the “going home” corner of Huntersville’s main highway interchange and exit from Interstate 77,” states Mr. Jimmy Black of Grubar, Tyler & Black Market Square Properties, LLC. The ±75,374 square foot center was constructed in 2001. The overall occupancy of this shopping center is 98%.

Tenants in this center include Bi-Lo, Pizza Hut, H & R Block, Hair Cuttery, CiCi’s Pizza, Centex Homes, Party Land of Huntersville, Sekisui of Charlotte, Majastic Christian Music & Bookstore, Maya Tan, Sonya’s Fitness and Pine Cleaners.

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