South Carolina

Marketplace-Carnes-Crossroads_Goose-Creek-S.C

Goose Creek, S.C.  — CBRE has secured a $30.9 million loan for the construction of The Marketplace at Carnes Crossroads, a shopping center currently underway in Goose Creek, roughly 15 miles outside Charleston. Richard Henry, Mike Ryan, Brian Linnihan and Taylor Crowder of CBRE arranged the financing on behalf of the borrower, Columbia Properties, through a regional bank. Worthen Development is a partner in the project. Publix will anchor the center, which will comprise 82,622 square feet across three buildings and nine land parcels situated on 24.5 acres. Site work for …

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Sumter-Square_Piggly-Wiggly

Sumter, S.C. — First National Realty Partners has acquired Sumter Square, a 66,765-square-foot shopping center in Sumter, roughly 45 miles east of Columbia. A 39,365-square-foot Piggly Wiggly grocery store anchors the center. The acquisition of Sumter Square marks First National Realty’s entry into South Carolina. David Robinov of Ackman-Ziff represented the undisclosed seller in the transaction. 

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Slim-Chickens

Columbia and Florence, S.C. — Slim Chickens has opened two new restaurants in South Carolina. Located in Columbia and Florence, the stores are owned and operated by franchisees Break Bread Ventures and Chandler Restaurant Group, respectively. This marks the seventh Slim Chickens restaurant for Break Bread Ventures and the second for Chandler Restaurant Group. Slim Chickens’ current portfolio includes more than 265 units in the United States, the U.K. and Turkey. 

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1116-Ashmore-Bridge-Rd_Mauldin-S.C

Mauldin, S.C. — Reedy River Retail at SVN Blackstream has arranged the acquisition of a 10.9-acre development site located at 1116 Ashmore Bridge Road in Mauldin, roughly 10 miles south of Greenville, S.C. The buyer, Atlanta-based Venture South Investments, plans to develop a Publix-anchored shopping center at the site. Dustin Tenney and Daniel Holloway of Reedy River Retail represented the buyer in the $4.6 million transaction. Plans for the site include the development of a 63,000-square-foot retail center anchored by a 45,000-square-foot Publix grocery store, as well as two outparcels. …

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BJs-Wholesale-Club

Marlborough, Mass. — BJ’s Wholesale Club, a Massachusetts-based operator of member retail warehouse locations, plans to open five new clubs in the Southeast and Indiana this fiscal year, which ends Feb. 1, 2025. The new clubs will be located in Maryville, Tennessee, a suburb of Knoxville; Myrtle Beach, South Carolina; Palm Coast and West Palm Beach in South Florida; and Carmel, Indiana, a suburb of Indianapolis. Earlier this month, the company announced its plans to open a new store near Jefferson Mall in Louisville, Kentucky. BJ’s Wholesale Club’s current portfolio comprises …

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Martintown-Plaza_North-Augusta-S.C

North Augusta, S.C. — Matthews Real Estate Investment Services has arranged the sale of Martintown Plaza, a 143,716-square-foot retail center located in North Augusta. Belk, Planet Fitness and Goodwill anchor the property, which was built in 1975 and renovated in 2012. Kyle Stonis, Pierce Mayson, Jeff Enck and Boris Shilkrot of Matthews represented the undisclosed seller in the transaction. 

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Oakbrook-Station_Summerville-S.C

Summerville, S.C. — JLL Capital Markets has brokered the $29 million sale of Oakbrook Station, a 138,137-square-foot retail center located in Summerville. Lowes Foods anchors the property, which was built in 1997 and renovated in 2017. Other tenants include the U.S. Postal Service, Community Thrift and Dollar Tree. The center was 99 percent leased at the time of sale. Kempner Properties, in partnership with Peter Braus and James Wacht of Lee & Associates, acquired the property. Brad Buchanan, Tom Kolarczyk, Jim Hamilton and Andrew Michols of JLL represented the seller, LBX …

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Lexington, S.C.  — Lowes Foods has signed a lease to anchor Platt Springs Crossing, a 50-acre mixed-use development currently underway in Lexington. Lowes Foods will occupy 51,000 square feet. Other tenants will include Chipotle Mexican Grill, Tidal Wave Car Wash, Panda Express and Planet Fitness. An affiliate of NAI Columbia doing business as LLDC Platt Springs LF LLC is the developer of the project, which is scheduled to begin opening early next year. Ben Kelly and Patrick Chambers of NAI Columbia represented the landlord in the lease negotiations with Lowes Foods. …

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7-Eleven_Fountain-Inn-S.C

Fountain Inn, S.C. — Marcus & Millichap has arranged the $7.3 million sale of a 4,650-square-foot single-tenant property located in Fountain Inn. 7-Eleven occupies the newly constructed property on a 15-year net lease with a corporate guarantee. Austin Weisenbeck, Sean Sharko and Timothy Nichols of Marcus & Millichap represented the undisclosed seller in the transaction and procured the buyer, a limited liability company. Benjamin Yelm of Marcus & Millichap assisted in closing the sale as the South Carolina broker of record. 

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Wando-Crossing_Mt-Pleasant-S.C

Mount Pleasant, S.C. — Ziff Real Estate Partners (ZRP) has acquired Wando Crossing, a retail center located in Mount Pleasant, for $46.8 million. Marshalls/HomeGoods, TJMaxx, Total Wine & More, Petco, Ashley HomeStore, Michaels and Five Below anchor the property, which totals 214,029 square feet. Site Centers Corp. was the seller. 

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