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The Shopping Center Group Arranges Sale of Two Grocery-Anchored Centers
August 10, 2015
- August 17, 2015
- Deals, Our Company, Our People, Retail Real Estate
Fairfield Square is a 71,000-square-foot, Food Lion-anchored center located in High Point.
Rock Hill, S.C., and High Point, N.C. — The Shopping Center Group (TSCG) has arranged the sale of two grocery anchored neighborhood centers in the Carolinas.
Belleview Square, a 77,800-square-foot, Super BI-LO-anchored shopping center located in Rock Hill, sold for $5.8 million. Fairfield Square, a 71,000-square-foot, Food Lion-anchored center located in High Point, sold for $4 million.
An affiliate of Richmond, Virginia-based Hackney Real Estate Partners acquired both assets from an affiliate of New York-based Juster Development. Anthony Blanco, Lenard Williams, Darrell Palasciano and Mallory Ham of TSCG marketed both properties.