Charleston, S.C. — North American Properties – Atlanta has unveiled plans to develop Lorelei, a 160-acre, upscale mixed-use project located on Laurel Island in Charleston.
Atlanta — Atlanta-based Preferred Apartment Communities Inc. has acquired a six-property, grocery-anchored retail portfolio through its retail subsidiary New Market Properties LLC.
North Myrtle Beach, S.C. — Inland Real Estate Income Trust Inc. has acquired Coastal North Town Center, a 311,313-square-foot shopping center located in North Myrtle Beach.
Daniel Island, S.C. — Crossman & Co. has arranged the $14 million sale of Daniel Island Town Center, a Publix-anchored, 68,688-square-foot shopping center located on Seven Farms Drive in Daniel Island in metro Charleston.
Charleston, S.C. —A partnership between Baltimore-based Alex. Brown Realty Inc. and Charlotte-based investment firm Lat Purser Associations Inc. has acquired Ashley Oaks Plaza, a 58,720-square-foot retail center, with plans for redevelopment.
Cincinnati — Cincinnati-based Phillips Edison Grocery Center REIT II Inc. has acquired one shopping center and two junior boxes totaling 146,472 square feet in Amesbury, Massachusetts, and Charleston, South Carolina.