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KINSTON -- A Long Island, N.Y., father-and-son investment team
bought Vernon Park Mall from four Dare County residents for $9.4
million. It's Alex and Tommy Demetriades' first purchase in
North Carolina. They hope to bring more national retailers and
restaurants to the 540,000-square-foot mall.
COPYRIGHT 2008 Business North
Carolina Reproduced with permission of the copyright holder. Further reproduction or distribution is prohibited without permission.
Copyright 2008 Gale, Cengage Learning. All rights
reserved. Gale Group is a Thomson Corporation Company.
NOTE: All illustrations and photos have been removed from this article.
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