Genesis Investment Properties acquired 720-730 W. Williams St. in Apex, NC from Pace Commercial for $2.3 million, or about $314 per square foot.
The 7,331-square-foot, Verizon Wireless-anchored retail center was built in 2008 in Raleigh's Southwest Wake County submarket.
The Boulder Group team of Randy Blankstein and Jimmy Goodman represented Pace Commercial. The buyer was represented in-house.
Please refer to CoStar COMPS #3093183 for more information on this transaction.