1/3/2022 | creating value
To support our strategy to build critical mass in retail submarkets, drive growth and create value, we are excited to announce the acquisitions of five shopping centers. Pawleys Plaza is a 120k SF Publix, Petco & T.J. Maxx-anchored center located in Pawleys Island, SC. We also added the 307k SF Granada Shoppes to our portfolio in Naples, FL. Anchored by Trader Joe’s, Hobby Lobby & Marshalls, this center is the company’s 49th asset in Florida and the 6th in the Naples market. We acquired two additional centers in Roswell, GA, increasing our Atlanta-area asset count to 24. King’s Market is a 281k SF Publix-anchored center, and directly across the street is Connexion, a 108k SF Planet Fitness-anchored center. Brea Gateway, a 182k SF Ralphs-anchored center in Brea, CA finishes off our list of recent acquisitions. Each of these centers compliments the portfolio in a desirable way and offers an opportunity for a great deal of growth through leasing.
To learn more about our acquisitions visit the links below.