GOLDSBORO – A Florida buyer acquired Crossroads Plaza for $12.1 million, completing the transfer of a 154,733-square-foot shopping center on North Berkeley Boulevard. Triangle Business Journal reported the sale Sept. 28, while a separate transaction participant disclosure said a preferred-equity investment in the same property had closed.
The completed sale values the shopping center at about $78.20 per square foot, based on the reported price and the 154,733-square-foot building area listed for the property. The transfer places an operating Goldsboro retail asset under new ownership rather than advancing a proposed development.
In the participant disclosure, Joe Berko said Astor Realty Capital had closed its second investment through the One Astor Income Fund at Crossroads Plaza. The post described Astor’s position as preferred equity. It did not identify Astor as the title-holding buyer, so NC Business Desk is treating the firm as a financing participant rather than the property owner.
A Crexi marketing page describes Crossroads Plaza as a 154,733-square-foot neighborhood shopping center along Goldsboro’s primary retail corridor. The page described it as 91.7% occupied. Those operating figures come from the listing and were not independently audited.
The reported $12.1 million consideration is equivalent to approximately $78.20 per square foot, matching the marketing page’s per-square-foot pricing figure. Triangle Business Journal characterized the buyer as a Florida firm, but the accessible sources reviewed for this package did not establish the title-holding legal entity. NC Business Desk is not naming the buyer until a deed or full transaction statement provides that controlling record.
No source reviewed for this package disclosed a redevelopment plan, tenant changes, staffing impact or acquisition financing beyond Astor’s preferred-equity participation. The verified business consequence is the completed ownership transfer and the market value it establishes for a large occupied retail center in Goldsboro.