Business

February 25, 2014

Crossroads Plaza shopping center in Cary sells for $91 million

Kimco Realty Corp. has acquired the Crossroads Plaza shopping center in Cary for $91 million, according to property records.

Kimco Realty Corp. has acquired the Crossroads Plaza shopping center in Cary for $91 million, according to property records.

The seller was Atlanta-based Ronus Properties, which has owned the property since it opened in the early 1990s.

The 670,000-square-foot outdoor shopping center at U.S. 1 and Walnut Street includes more than 60 stores and restaurants, including Best Buy, Dick’s Sporting Goods, Toys ‘R Us, Old Navy and Marshalls.

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