Prudent Growth Purchases Lakeview Village on the Mississippi Gulf Coast

Prudent Growth Partners, LLC, a Chapel Hill, NC based private equity real estate firm, has completed its acquisition of Lakeview Village, a neighborhood shopping center located at 3680 Sangani Blvd. in D’Iberville, MS.

Built in 2003, the property boasts a strong group of diverse, e-commerce-resistant tenants including several prominent national retailers. The current lineup features 13 businesses including Vintage Wine, Ichiro Hibachi, and thriving retailers like Rent-A-Center.

The property is strategically located within Lakeview Village, a 150-acre master-planned and mixed-use retail development project at the intersection of Interstates 10 and 110 in the fast-growing city of D’Iberville which is considered the heart of the Mississippi Gulf Coast. The immediate area is also host to a number of other national retailers, including Walmart Supercenter, Academy Sports + Outdoors, Wendy’s, Outback Steakhouse, Courtyard Marriott, and more.

"We’re excited about the purchase of Lakeview Village and another acquisition in Mississippi. The property has a great occupancy history and is in a wonderful location," said Tom Hahn, President of Prudent Growth Partners. "We believe this is another good addition for our investors and portfolio."

Prudent Growth Partners, LLC is a private equity real estate investment company based in Chapel Hill, NC. The firm focuses on properties that tend to be overlooked by larger institutions and which provide exceptional returns on invested capital along with the possibility of longer-term capital gains achieved by expert management and future price appreciation.