Ingles Markets, Inc. buys old Walmart property

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At the end of July, news broke that the Holly Springs Plaza was sold to the highest bidder for $3.7 million. The online auction company who handled the sale, DTZ Reality, was not able to confirm the wining bidder but as of Tuesday morning, the deed had been recorded confirming that Ingles Markets purchased the property.

On Wednesday morning, Rhonda Moore with the Real Estate Department of Ingles Markets, Inc. confirmed the purchase.

“Ingles did purchase the shopping center known as Holly Springs Plaza in Franklin, NC,” However, I am not at liberty to discuss any future plans.”