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ZIFF PROPERTIES ACQUIRES MIXED-USE CENTER - Asheville, NC

Ziff Properties, Inc. today announced the acquisition of the 85,401-square-foot Biltmore Station located in Asheville, NC. The mixed-use property was purchased for an undisclosed price. Alex Quarrier of Berkeley Capital Advisors represented the seller in the transaction.

Chief Operating Officer and Director of Acquisitions, Christian Chamblee says, “We are very excited to enter a new and thriving city such as Asheville. The property’s submarket is dynamic and poised for long-term viability.”

For Further Information:

Jordanna Arbogast

843.724.3417

jarbogast@zpi.net

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