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Lumina Commons sold for $13.9 million

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The Lumina Commons Shopping Center between Wrightsville Avenue and Eastwood Road has sold for $13.875 million in a transaction that closed on Monday, Aug. 4.

Nicholas Silivanch, Coldwell Banker Sun Coast Partners Vice President of Retail Leasing and Acquisitions, represented the buyer, real estate trust fund Phillips Edison-ARC Shopping Center REIT, Inc. of Cincinnati, Ohio, in the transaction.

The shopping center is anchored by Harris Teeter and includes other tenants like West Marine, Jersey Mike’s Subs, The Seasoned Gourmet, Crest Fitness and David’s Deli.

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