Prudent Growth Completes Sale of Fairfax Business Center in North Carolina

Prudent Growth has sold its Fairfax Business Center property in the Greensboro area of NC for $4,780,000.

CHAPEL HILL, N.C., April 30, 2024 /PRNewswire-PRWeb/ -- Prudent Growth Partners, LLC, a Chapel Hill, NC-based private equity real estate firm, has sold its Fairfax Business Center in Greensboro, NC for $4,780,000. The 66,500-square-foot multi-tenant industrial office park was purchased in August 2019 for $4,100,000.

"We are thrilled with the sale of the Fairfax Business Center in Greensboro. The office park was well-maintained during our ownership and that gave us this great disposition opportunity that produced yet another solid return for our investors," said Thomas Hahn, President of Prudent Growth.

Prudent Growth Partners, LLC is a private equity real estate investment company based in Chapel Hill, NC. The firm focuses on properties that tend to be overlooked by larger institutions and that provide exceptional returns on invested capital along with the possibility of longer-term capital gains achieved by expert management and future price appreciation.

Prudent Growth Operations, LLC is a full-service commercial property management company with a hands-on approach to serving our properties. Our team of professionals has one goal in mind: to create success and value in everything we do for our residents, tenants, and investors.

Media Contact

Tom Hahn, Prudent Growth Partners, LLC, 919-280-5641, [email protected], https://www.prudentgrowth.com/ 

Jason Autry, Prudent Growth Partners, LLC, 803-626-3331, [email protected], https://www.prudentgrowth.com/ 

SOURCE Prudent Growth Partners, LLC