MARIETTA, GA—Harbour Retail Partners Real Estate Fund I, L.P., a Delaware Limited Partnership, has been formed to acquire and invest in commercial real estate properties with a primary focus on specialty grocery anchored assets. The fund will conduct investments in both value add opportunities as well as new development opportunities in the southeastern United States.
The general partners in Harbour Retail Partners are Mike Barry, Jim Cheney and Randy Kelley, who have a combined 40+ years of acquisition, development and grocery executive management experience.
The total size of the fund is $28,350,000. The initial closing date for Harbour Retail Partners is May 14, 2013, with a final closing date of August 2014. The company will have offices in Marietta, GA, and Wilmington, NC.