Fairway Investments recently completed the purchase of Hope Valley Square in Durham, NC. The 40,524 square foot retail development is anchored by the busiest Post Office in Durham, NC.
This community shopping center is located within 4 miles of Duke University and Duke Medical Center. In addition to the Post Office, Hope Valley Square is home to many of the dining staples in the Durham community. Fairway Management will manage the property.
In a statement from Fairway Investments’ CFO, Sims Garrison, “Fairway Investments is excited to increase our footprint in North Carolina with the purchase of Hope Valley Square in the Raleigh-Durham-Chapel Hill metro area. We want to be part of this community and the dynamic growth the area is experiencing. The property itself siting in a great location, located within a few miles of Duke University. Hope Calley is a nice compliment to our most recent acquisition, Glenwood Square, in Chapel Hill just a few miles away. Fairway is excited about the future of this asset and our company’s future in the Triangle.”