Winston-Salem, N.C. — JLL Capital Markets has negotiated the $9.6 million sale of Brewer Crossing, a 119,180-square-foot neighborhood center located in Winston-Salem. Tom Kolarczyk, Andrew Kahn and Ella Glover of JLL represented the seller, a partnership between the Rosen and Leverton families, in the transaction. Granite Canyon Partners was the buyer.
Originally built in 1978 on a 15.34-acre site, Brewer Crossing was 98 percent leased at the time of sale. The property features a mix of tenants across the apparel, fitness, health, beauty and specialty retail sectors including Gabriel Brothers, Planet Fitness, CVS/Oak Street Health, Harbor Freight Tools, Shoe Show and Dynasty Barber Studio.
The acquisition also includes a newly constructed Sheetz convenience store and fueling station situated on a 2.2-acre outparcel with approximately 13 years remaining on its lease term.