MENU

Infinity Purchases Eden Center

Feb 4th, 2011

New York, NY, February 4, 2011 – Infinity Real Estate LLC (“Infinity”) announced today the purchase of Eden Centre, a 59,000 square foot grocery-anchored neighborhood shopping center in Eden, North Carolina.  Eden Centre, anchored by a Food Lion Supermarket, also features a mix of national and regional everyday retail offerings including CitiFinancial Services and a Subway Restaurant. Eden Centre is the most recent addition to Infinity’s national portfolio of neighborhood retail properties.

Eden Centre is positioned along North Carolina Highway 14 (North Van Buren Road), a primary north/south, four-lane thruway. “The center’s recession-proof tenants will provide stable, long term cash flow, and the existing vacancy provides an opportunity for significant upside potential,” said Jonathan Zamir of Infinity.

About Infinity Real Estate, LLC
Infinity Real Estate is a New-York-based private real estate owner, investor, and operator focused on the acquisition, redevelopment, and re-positioning of commercial properties across select U.S. markets along the East Coast, the Mid-West and Central States. Infinity Real Estate is the property acquisitions, development, and management unit, owned and operated by the Infinity Group. The Company currently operates approximately 40 commercial properties and development projects in 13 states. Infinity Real Estate’s principals have led or have directly transacted in over $2.5 billion of real estate related investments, representing over 75 asset or project acquisitions or developments, as well as several private corporate deals. The Company has established a strict investment discipline centered on active management of all its projects. For more information about Infinity Real Estate, visit infinitygrpms.wpengine.com.