Prudent Growth Sells Carolina Commerce Center in North Carolina for $5.5 Million
Prudent Growth Partners has completed the sale of its Carolina Commerce Center, a 67,000-square-foot multi-tenant flex property located in Goldsboro, North Carolina, for $5.5 million. The firm acquired the asset in 2021 for $4.325 million and enhanced its value through active management over five years before selling it. The fully leased property features seven suites occupied by a mix of national and regional tenants across industrial, medical, office, and service sectors. Its strategic location near major transportation corridors has made it an attractive asset in Goldsboro, which is emerging as a key manufacturing and logistics hub with recent investments expected to bring significant economic growth. The sale aligns with Prudent Growth's strategy of creating long-term value through disciplined investment practices while recycling capital into new opportunities. The firm emphasized its focus on well-located properties that offer stable cash flow and appreciation potential.
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Topics: asset management commercial real estate North Carolina