South Carolina

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Continental Realty Acquires 14-Property Shopping Center Portfolio in Southeast, Midwest

by Abby Cox

Baltimore and Hillard, Ohio — Continental Realty Corp. has purchased a 14-property shopping center portfolio located across seven states in the Southeast and Midwest. The Baltimore-based firm purchased the more than 2 million-square-foot portfolio from Hillard-based US Properties Group for an undisclosed price. Chris Decoufle and Kevin Hurley of CBRE represented the seller in the off-market transaction. The acquisition grows Continental Realty’s holdings to nearly $5 billion in assets under management and expands its geographic footprint to 16 states, including its entry into Ohio. The portfolio was 93 percent leased at …

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DevelopmentGrocery-anchoredNewsSouth Carolina

TSCG Signs Sprouts Farmers Market to Anchor Redevelopment Project in Columbia, South Carolina

by Abby Cox

Columbia, S.C. — TSCG has signed Sprouts Farmers Market to anchor Devine Crossing, a redevelopment project located in Columbia. The new 24,113-square-foot grocery store will occupy the former Piggly Wiggly site, which served the community for more than 50 years before closing in 2025. Locally based Cason Development acquired the 3.2-acre property last May. Alan Freeman of TSCG represented Sprouts Farmers Market in the lease negotiations. TSCG will also lease the remaining space at Devine Crossing. Along with Sprouts, Devine Crossing will include approximately 10,000 square feet of inline retail, as …

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Grocery-anchoredInvestment salesNewsSouth Carolina

Legacy Realty Group Arranges Sale of 86,650-Square-Foot Grocery-Anchored Shopping Center Near Columbia, South Carolina

by Abby Cox

Orangeburg, S.C. — Legacy Realty Group Advisors has arranged the sale of an 86,650-square-foot shopping center located in Orangeburg, approximately 40 miles northwest of Columbia. Piggly Wiggly anchors the center, which features a mix of additional tenants such as Advance Auto Parts and Dollar General. Jacob Baruch of Legacy Realty Group Advisors represented the buyer in the transaction. The seller was a local private family.

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DevelopmentMixed-useNewsSouth Carolina

Stone City Capital to Develop 68-Acre Mixed-Use Project in Metro Charleston, South Carolina

by Abby Cox

Summerville, S.C. — Charlotte-based Stone City Capital will develop Seamist Commons, a 68-acre mixed-use development located in the Charleston suburb of Summerville. The development will include retail and restaurant space in a walkable, village-style setting; office space; residential units with a central community commons; a 28-acre forest preserve with potential future trailheads; golf cart accessibility; electric vehicle charging infrastructure; and outparcels for build-to-suit users and ground-lease tenants. Seamist Commons will serve a trade area anchored by approximately 20,000 nearby homes. Preleasing efforts are underway for Phase I of Seamist Commons, featuring …

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GeorgiaGrocery-anchoredInvestment salesNew JerseyNewsSouth CarolinaVirginia

JLL Negotiates $115 Million Sale of Grocery-Anchored Retail Portfolio Across Four States

by Abby Cox

Atlanta — JLL Capital Markets has acquired a 588,000-square-foot portfolio of grocery-anchored retail centers in Georgia, South Carolina, Virginia and New Jersey, for $115 million. The portfolio comprises seven retail properties: Hickory Flat Village in Canton, Georgia; Deshon Plaza in Stone Mountain, Georgia; Flat Shoals Crossing in Decatur, Georgia; Cascade Corners in Atlanta; The Plaza at Carolina Forest in Myrtle Beach, South Carolina; Kroger Plaza in Virginia Beach, Virginia; and Lewandowski Commons in Lyndhurst, New Jersey. The portfolio is 99.6 percent leased and features a mix of grocers including Publix, Kroger …

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Investment salesNewsSouth Carolina

Ziff Real Estate Partners Acquires Charleston Shopping Center for $22.6 Million

by Abby Cox

Charleston, S.C. — Locally based Ziff Real Estate Partners (ZRP) has acquired West Ashley Shoppes, a 136,327-square-foot shopping center located at 946 Orleans Road in Charleston’s West Ashley neighborhood. Baltimore-based Continental Realty Corp. (CRC) purchased the shopping center from ZRP for approximately $22.6 million via its Continental Realty Fund IV LP investment vehicle. Tom Kolarczyk of JLL represented the seller in the transaction. Situated across from Citadel Mall, West Ashley Shoppes was 90 percent leased at the time of sale to tenants including Ross Dress for Less, Dollar Tree and Cost …

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South Island Market
DevelopmentMixed-useNewsSouth Carolina

Pinckney Partners Begins Construction of 34-Acre Mixed-Use Development on Johns Island in South Carolina

by Abby Cox

Johns Island, S.C. — Locally based Pinckney Partners has begun vertical construction on South Island Market, a 34-acre mixed-use development located on Johns Island, about 13 miles south of Charleston. Upon completion, the project will feature 82,000 square feet of retail, dining and office space across eight buildings, along with 79 townhomes built by Toll Brothers and 16 acres of preserved open space. Roper St. Francis Healthcare and Daniel Ravenel Sotheby’s International Realty will anchor the office component of the development. South Island Market is expected to open in spring 2027. The …

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DevelopmentMissouriNevadaNewsRestaurantsSouth Carolina

Playa Bowls Signs Three Multi-Unit Franchise Agreements Across Three States

by Abby Cox

Belmar, N.J. — Belmar, New Jersey-based Playa Bowls, a fast-causal restaurant chain that specializes in açai bowls, smoothies and fruit juices, has signed three multi-unit franchise agreements spanning Nevada, South Carolina and Missouri. Husband-and-wife teams Justin and Hannah Kirkland, alongside Craig and Diana Kirkland, will own and operate 10 restaurants in Southern Nevada. Brittany and Jeff Ciaramita have signed a five-unit development agreement in Missouri, marking the brand’s introduction to the state. Potential locations include Ladue, Central West End, Creve Coeur, Town and Country and Chesterfield, with the first location …

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Investment salesNewsSouth Carolina

Colliers Negotiates Sale of 124,375-Square-Foot Crosspointe Plaza in Greenville, South Carolina

by Abby Cox

Greenville, S.C. — Colliers has negotiated the sale of Crosspointe Plaza, a 124,375-square-foot regional shopping center located in Greenville. Scott Israel of Colliers’ Atlanta Retail Investment Sales team represented the seller, Ziff Real Estate Partners, in the transaction. RCG Ventures was the buyer. Tenants at the center include T.J. Maxx, Dollar Tree, DSW, 810 Billiards and Up 2 Us Furniture. Built in 1990, Crosspointe Plaza is situated on roughly 10.4 acres, according to Loop Net.

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Investment salesNewsSouth Carolina

Marcus & Millichap Brokers Sale of Single-Tenant Retail Property in Easley, South Carolina

by Abby Cox

Easley, S.C. — Marcus & Millichap’s Taylor McMinn Retail Group has brokered the sale of a newly built, 5,798-square-foot retail property in Easley, roughly 12 miles west of Greenville. Firestone, a subsidiary of Japanese tire manufacturer Bridgestone, occupies the building on a 15-year, triple-net, corporate-guaranteed lease that features 5 percent rent increases every five years. A preferred developer for Firestone sold the property to a 1031 exchange buyer. Don McMinn and Andrew Koriwchak of Taylor McMinn Retail Group represented the seller in the transaction, which marks the team’s 21st new-construction Firestone …

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