An affiliate of Ram Realty Advisors has acquired 601 Midtown, an approximately 70,000-square-foot retail center anchored by Lifetime Fitness and located inside the beltline in Raleigh, N.C.
The HFF team represented the seller, a private investor.
The new owner plans to renovate the center and develop additional retail outparcels on the site.
The approximately 70,000 square feet of retail space is currently 100 percent leased to an assortment of tenants, including Lifetime Fitness, Applebee’s, Papa John’s, Jimmy John’s and more. Situated at 601 East Six Forks Road, the site is located between downtown Raleigh and North Hills and proximate to major employment and retail destinations. Additionally, it is adjacent to Midtown East, an iconic 173,000-squa
