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

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