Lamar, Real Capital Solutions Acquire 456,742 SF Open-Air Retail Center in Burlington, North Carolina

4/22/2025

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REBusinessOnline

• Subcategory: Retail: Shopping

• Tag: JV-Partnership | Sale

• Additional Filters-Subcategory: Retail: Mall, Retail: Neighborhood Center, Retail: Open-Air

• Additional Filters-Tags: Sale: Investment, Sale: Single Property

• Company: Newmark Group (Nasdaq: NMRK), Real Capital Solutions, CBL Properties (NYSE: CBL)

Lamar Cos., in partnership with Real Capital Solutions, has acquired Alamance Crossing, a 456,742-square-foot open-air retail center located in Burlington, about 22 miles east of Greensboro, N.C. Hobby Lobby, Carousel Cinemas, Barnes & Noble and Belk anchor the center. Additional retailers include Buffalo Wild Wings, Tropical Smoothie Café, Anytime Fitness, Bath & Body Works, Kay Jewelers and DentalWorks, among others.