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Preston Corners
Preston Corners is a 89,982 SF grocery-anchored retail shopping center located in the affluent Prestonwood pocket of Cary, NC. Located at the intersection of Cary Parkway and High House Road, the property is situated at a high traffic corner. Anchored by Lowes, which has been operating at the property since 2000, the property has an additional 17 small shop retail suites and is currently 100% occupied.
Status: Active
Portfolio: Northpond Fund V, LP
Acquisition Date: June 2023
Strategy: Income + Growth
Neighborhood: Cary
MSA: Raleigh