200
Belmont, N.C. —Foundry Commercial has purchased Shopton Square, a 24,250-square-foot shopping center in Belmont, a southern suburb of Charlotte. The property was fully leased to 13 tenants at the time of sale. Shopton Square was originally developed and leased by the real estate arm of grocer Food Lion. The acquisition of the center marks the first for Foundry Commercial’s Retail Investment Platform, which was launched last year and prioritizes necessity-based retail properties.