Sembler, Forge fund and East Coast Acquisitions buy North Carolina's Tarrymore Square

Forge Real Estate Partners III and East Coast Acquisitions purchased the Tarrymore Square shopping center at 3901 Capital Blvd., Raleigh, N.C., near Triangle Center Mall.

Forge Real Estate Partners III is an investment fund of St. Petersburg-based real estate developer and management company The Sembler Co. and Tampa-based commercial real estate investment and investment management company Forge Capital Partners.

Tarrymore Square is a 256,805-square-foot shopping center and is currently 65% occupied. Existing tenants include Walgreens, Rugged Warehouse, Surplus Warehouse, Rainbow Fashions, Rent-A-Center and Miller-Motte Technical College.