Triad 'shadow' shopping center sells for $6.2 million

A small Triad shopping center in the shadow of the nation’s largest retailer has sold for $6.15 million. Rivercrest Realty Advisors of Raleigh, which owns approximately 50 shopping centers near Walmart (NYSE: WMT) stores, purchased Garrett Crossing shopping center in Mebane from Camden Mebane Associates, an LLC managed by Philip Turner of Leconte Equities Group in Knoxville, Tennessee.