Developers Diversified bought 12 Triangle area shopping centers covering over 900,000 square feet as part of a larger $6.2B acquistion.
The deal enlarges the company's Triangle portfolio to about 2.5 million square feet.
Investors spent $211 million on Triangle retail real estate in 2006 -- 11 percent above the 10-year annual average.
These centers traded in the deal:
Circuit City, Cary, 27,891 square feet
Mill Pond Village, Cary, 84,364
Meadowmont Village Center, Chapel Hill, 132,857
Clayton Corners, Clayton, 125,653
South Square, Durham, 89,622
Sexton Commons, Fuquay-Varina, 49,097
Capital Crossing, Raleigh, 83,248
Eckerd -- Perry Creek, Raleigh, 10,908
Wakefield Crossing, Raleigh, 75,927
Alexander Place, Raleigh, 143,073
Chatham Crossing, Siler City, 32,000
Capital Plaza, Wake Forest, 46,793
Read Jack Hagels story here: newsobserver.com 12 shopping centers have a new owner
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