Acquiring Company
10 Federal
Acquired Company
Eric Lane Shopping Center
RaleighBurlingtonE CommerceFashionRetailDescription
10 Federal has announced the acquisition of Eric Lane Shopping Center in Burlington, North Carolina. This acquisition marks the company's entry into the retail sector, applying data-driven capabilities from its self-storage operations. 10 Federal aims to expand its portfolio and pursue growth in adjacent areas of commercial real estate. The firm has experience in acquiring retail centers and plans to continue its investment strategy.
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M&A Insights
Based on deal dataFrequently asked
Who acquired Eric Lane Shopping Center?
Eric Lane Shopping Center was acquired by 10 Federal, based in Raleigh. The deal was reported on September 2, 2026. 10 Federal is a leading high-tech operator of self-storage facilities, specializing in fully automated properties . 10 Federal is privately held.
When did 10 Federal acquire Eric Lane Shopping Center?
10 Federal's acquisition of Eric Lane Shopping Center was reported on September 2, 2026. 10 Federal has announced the acquisition of Eric Lane Shopping Center in Burlington, North Carolina. This acquisition marks the company's entry into the retail sector, applying data-driven capabilities from its self-storage operations. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Eric Lane Shopping Center do?
Eric Lane Shopping Center comprises approximately 219,850 square feet on nearly 25 acres at the I-40/I-85 interchange in Burlington. It represents a new phase in 10 Federal's growth strategy. It is privately held, operating in E Commerce, and is based in Burlington.
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