Hope Valley Square sold for $10.6M

The Hope Valley Square retail center was sold in a deal valued at nearly $10.6 million, to an affiliate of Davidson-based Piedmont Land Development.The building at 3710 Shannon Road in Durham is anchored by the U.S. Postal Service and was 100 percent occupied at the time of the deal. Other tenants at Hope Valley Square include Durham restaurants Only Burger, Durham Catering Co., Bull Street Gourmet & Market, Pop’s Backdoor South, Rick’s Diner, Tutti Frutti and The Company Salon.